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HB 1238 IN

Assessment of homesteads.

IN · session 2026 · Assembly / House · bill

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Introduced Jan 5, 2026

Latest action (Jan 5, 2026) First reading: referred to Committee on Ways and Means

Summary

Provides that, beginning with the January 1, 2027, assessment date, the assessed value of real property that qualifies as a homestead shall only be adjusted upon the sale, devise, descent, or conveyance of the real property. Provides that the assessed value of such real property may not be adjusted before the sale, devise, descent, or conveyance of the real property unless requested by the owner of the real property.

Sponsor (1)

Action history (2)

  1. Jan 5, 2026 Authored by Representative Dvorak · lower
  2. Jan 5, 2026 First reading: referred to Committee on Ways and Means · lower
Subjects
PROPERTY; Real EstateTAXES; Assessments, Notices, and Penalties

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