SB 340 IN

Maximum increase of homestead property tax bill.

IN · session 2025 · Senate · bill

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Introduced Jan 13, 2025

Latest action (Jan 13, 2025) First reading: referred to Committee on Tax and Fiscal Policy

Summary

Caps the year over year increase of property tax liability on a homestead at 2%.

Jan 13, 2025 Authored by Senator Young M · upper
Jan 13, 2025 First reading: referred to Committee on Tax and Fiscal Policy · upper

Subjects

AGENCIES; Department of Revenue (DOR)LOCAL ELECTED OFFICIALS; AuditorsPROPERTY; GenerallyTAXES; Property Tax AbatementsTAXES; Property Taxes

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