IN SB0090 | 2023 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on January 9 2023 - 25% progression, died in committee
Action: 2023-01-17 - Senator Qaddoura added as third author
Pending: Senate Tax and Fiscal Policy Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 9 2023 - 25% progression, died in committee
Action: 2023-01-17 - Senator Qaddoura added as third author
Pending: Senate Tax and Fiscal Policy Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Property tax freeze for seniors. Freezes the property tax liability on a homestead of an individual who is at least 65 years of age and has maintained a qualified interest in the homestead for at least 10 years. Provides that a taxing unit may recover from the state general fund 100% of the amount by which the property tax imposed on the homestead of an individual in the usual manner exceeds the amount of property tax billed for a calendar year to an individual whose property tax liability is frozen under the bill's provisions. Makes an appropriation.
Title
Property tax freeze for seniors.
Sponsors
Sen. J.D. Ford [D] | Sen. Fady Qaddoura [D] |
History
Date | Chamber | Action |
---|---|---|
2023-01-17 | Senate | Senator Qaddoura added as third author |
2023-01-09 | Senate | First reading: referred to Committee on Tax and Fiscal Policy |
2023-01-09 | Senate | Authored by Senator Ford J.D. |
Subjects
Indiana State Sources
Type | Source |
---|---|
Summary | https://iga.in.gov/legislative/2023/bills/senate/90/details |
Text | https://iga.in.gov/legislative/2023/bills/senate/90/#1.INTR |