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]
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.
Title
Cap on assessed valuation increases for homesteads.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2023-01-17 | House | First reading: referred to Committee on Ways and Means |
2023-01-17 | House | Authored by Representative Jeter |
2023-01-17 | House | Coauthored by Representative Judy |
Subjects
LOCAL GOVERNMENT AND FINANCE, DEPARTMENT OF (DLGF)
PROPERTY
PROPERTY TAXES generally
PROPERTY TAXES, Assessments, Notices, and Penalties
PROPERTY
PROPERTY TAXES generally
PROPERTY TAXES, Assessments, Notices, and Penalties
Indiana State Sources
Type | Source |
---|---|
Summary | https://iga.in.gov/legislative/2023/bills/house/1435/details |
Text | https://iga.in.gov/legislative/2023/bills/house/1435/#1.INTR |