SB0006: A BILL FOR AN ACT to amend the Indiana Code concerning taxation.

Page last updated: Sunday, April 20, 2025 at 7:53 PM (America/Indianapolis).

General Information

• Stage: Introduced Senate Bill (S)
• Current Chamber: senate
• Origin Chamber: senate
• Description: Property tax deferral program.

Legislators

Actions (5 total)

• Feb 4, 2025, 12:08 PM: Senator Randolph added as coauthor
• Jan 21, 2025, 9:42 AM: Senator Walker K added as coauthor
• Jan 14, 2025, 5:58 AM: First reading: referred to Committee on Tax and Fiscal Policy
• Jan 14, 2025, 5:58 AM: Authored by Senators Rogers, Holdman, Buchanan
• Jan 14, 2025, 5:58 AM: Coauthored by Senator Gaskill

Digest

Authorizes a county fiscal body to adopt an ordinance to establish a property tax payment deferral program (program). Provides that a qualified individual participating in the program may defer the payment of part of the property taxes that would otherwise be due on a homestead. Defines "qualified individual". Provides that property taxes deferred under the program are due after the occurrence of a deferral termination event. Provides that the maximum amount of taxes that may be deferred cumulatively year over year may not exceed $10,000.