HB 1407 IN

Assessed value.

IN · session 2024 · Assembly / House · bill

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Introduced Jan 11, 2024

Latest action (Jan 11, 2024) First reading: referred to Committee on Ways and Means

Summary

Limits the annual increase in assessed value of real property to 5% unless ownership of the real property changes during the year or the increase results from physical changes to the real property.

Sponsor (1)

Zach Payne Republican · author

Action history (2)

Jan 11, 2024 Authored by Representative Payne · lower
Jan 11, 2024 First reading: referred to Committee on Ways and Means · lower

Subjects

PROPERTY; Real EstateTAXES; Property Taxes

Full text

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