2024 Regular SessionIndiana Legislature

HB1407: Assessed value.

Legislative Summary

Assessed value. Limits the annual increase in assessed value of real property to 5% unless ownership of the real property changes during the year or the increase results from physical changes to the real property.

Bill History

1/11/2024
Authored by Representative Payne
House of Representatives
1/11/2024
First reading: referred to Committee on Ways and Means
House of Representatives

Status Information

Current Status
Introduced(1/11/2024)
Chamber
House of Representatives
Committee
Ways and Means(House of Representatives)
Sine DiePrior Session

Sponsors

Republican: 1

Primary Sponsor

Zach Payne
Zach Payne
Republican

Documents

Introduced
Bill Text1/11/202483.3 KB
Fiscal Note
Fiscal Note1/11/202477.3 KB