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SB 333 IN

State loans for property tax revenue shortfall.

IN · session 2025 · Senate · bill

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Introduced Jan 13, 2025

Latest action (Jan 13, 2025) First reading: referred to Committee on Appropriations

Summary

Forgives loans made to certain qualified taxing units in Lake County. Urges the legislative council to assign to the appropriate interim study committee during the 2025 legislative interim the task of studying whether to create an insurance fund to be used to make payments to political subdivisions that issue refunds for the overpayment of property taxes to political subdivisions as a result of successful property tax appeals.

Sponsor (1)

Action history (2)

  1. Jan 13, 2025 Authored by Senator Spencer · upper
  2. Jan 13, 2025 First reading: referred to Committee on Appropriations · upper
Subjects
CIVIL LAW AND PROCEDURE; Immunity and Exemption from LiabilityCOUNTIES; LakeSTATE GOVERNMENT; State and Local FundingTASK FORCES AND COMMITTEES; GenerallyTAXES; Property Taxes

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