2025 Regular Session • Indiana Legislature
SB0340: Maximum increase of homestead property tax bill.
Legislative Summary
Maximum increase of homestead property tax bill. Caps the year over year increase of property tax liability on a homestead at 2%.
Demographic Impact
Overall analysis of equity impact
60% Positive
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Bill History
1/13/2025
Authored by Senator Young M
Senate
1/13/2025
First reading: referred to Committee on Tax and Fiscal Policy
Senate
Status Information
Current Status
Introduced(1/13/2025)
Chamber
Senate
Committee
Tax and Fiscal Policy(Senate)
Sponsors
Republican: 1
Primary Sponsor
Michael Young
Republican