IN HB1435 | 2023 | Regular Session

Status

Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on January 17 2023 - 25% progression, died in committee
Action: 2023-01-17 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Cap on assessed valuation increases for homesteads. Limits the annual increase in assessed value of a homestead to the lesser of: (1) 3%; or (2) the change in the Consumer Price Index; unless ownership of the homestead changes during the year or the increase results from physical changes to the homestead.

Tracking Information

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Title

Cap on assessed valuation increases for homesteads.

Sponsors


History

DateChamberAction
2023-01-17HouseFirst reading: referred to Committee on Ways and Means
2023-01-17HouseAuthored by Representative Jeter
2023-01-17HouseCoauthored by Representative Judy

Subjects


Indiana State Sources


Bill Comments

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