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SB 157 IN
Passed One Chamber

Landlocked property.

IN · session 2024 · Senate · bill

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Introduced Jan 8, 2024

Latest action (Feb 12, 2024) First reading: referred to Committee on Local Government

Summary

Defines "landlocked property" as real property that has been shut off from all public highways as a result of the vacation of one or more public highways. Provides that if an action of the state, or an agency or political subdivision of the state, causes real property to become landlocked property, the county assessor of the county in which the landlocked property is located must assess the value of the landlocked property at zero for as long as the property qualifies as landlocked property if the property owner files an affidavit stating that the property does not have access to any public highway.

Sponsors (4)

2 coauthors / cosponsors

Action history (13)

  1. Jan 8, 2024 Authored by Senator Buck · upper
  2. Jan 8, 2024 First reading: referred to Committee on Local Government · upper
  3. Jan 25, 2024 Committee report: amend do pass adopted; reassigned to Committee on Tax and Fiscal Policy · upper
  4. Jan 30, 2024 Committee report: amend do pass, adopted · upper
  5. Feb 1, 2024 Senator Randolph added as coauthor · upper
  6. Feb 1, 2024 Second reading: ordered engrossed · upper
  7. Feb 5, 2024 Senator Bohacek added as third author · upper
  8. Feb 5, 2024 Senator Byrne added as coauthor · upper
  9. Feb 5, 2024 Senator Niemeyer added as second author · upper
  10. Feb 5, 2024 Third reading: passed; Roll Call 105: yeas 48, nays 0 · upper
  11. Feb 5, 2024 House sponsor: Representative May · upper
  12. Feb 6, 2024 Referred to the House · upper
  13. Feb 12, 2024 First reading: referred to Committee on Local Government · lower
Subjects
LOCAL ELECTED OFFICIALS; AssessorsTAXES; Property TaxesTRANSPORTATION; Infrastructure; Highways, Roads, and Streets

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