SB 99 IN

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Passed One Chamber

Authorizes a county fiscal body to adopt an ordinance to provide a credit against property tax liability for qualified individuals. Defines a "qualified individual" for purposes of the credit. Provides that the ordinance may designate: (1) all of the territory of the county; or (2) one or more specific geographic territories within the county; as an area in which qualified individuals may apply for the credit. Provides that the credit amount is equal to the amount by which property taxes on the property increased by more than 2% from the prior year (excluding any property tax liability imposed in a voter approved referendum levy). Provides that the credit does not effect the allocation of taxes to a referendum fund. Requires a qualified individual who desires to claim the credit to file a certified statement with the county auditor. Provides that the county auditor shall apply the credit in succeeding years after the certified statement is filed unless the auditor determines that the individual is no longer eligible for the credit or the county fiscal body rescinds the ordinance. Provides a penalty for wrongly receiving the credit that is the same as the penalty for wrongly receiving the homestead standard deduction.

• Jack Sandlin · author
• Brian Buchanan Republican · author
• Michael Karickhoff Republican · sponsor

1. Jan 5, 2021 Authored by Senator Sandlin · upper
2. Jan 5, 2021 First reading: referred to Committee on Tax and Fiscal Policy · upper
3. Jan 12, 2021 Committee report: do pass, adopted · upper
4. Jan 25, 2021 Amendment #1 (Holdman) prevailed; voice vote · upper
5. Jan 25, 2021 Second reading: amended, ordered engrossed · upper
6. Jan 25, 2021 Senator Buchanan added as second author · upper
7. Jan 25, 2021 Senator Baldwin S added as coauthor · upper
8. Jan 25, 2021 Senator Busch added as coauthor · upper
9. Jan 26, 2021 Third reading: passed; Roll Call 19: yeas 42, nays 7 · upper
10. Jan 26, 2021 Senator Qaddoura added as coauthor · upper
11. Jan 26, 2021 Senator Randolph added as coauthor · upper
12. Jan 26, 2021 House sponsor: Representative Karickhoff · upper
13. Jan 27, 2021 Referred to the House · upper
14. Feb 23, 2021 First reading: referred to Committee on Ways and Means · lower

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

• Engrossed Senate Bill (S) · Jan 25, 2021 · PDF
• Introduced Senate Bill (S) · Jan 4, 2021 · PDF
• Senate Bill (S) · Jan 12, 2021 · PDF