UPDATE (April 16, 2025):
INDIANAPOLIS, Ind. (ADAMS) – A new tax relief plan is now signed into law. Senate Bill 1 passed the Indiana Senate in the early hours of Tuesday morning after it was amended and passed in the Indiana House of Representatives.
Governor Braun signed it into law Tuesday. The measure is controversial as it reduces the amount of property tax revenue being used to fund public schools- instead requiring the referendum funds to be shared with some charter schools.
Read more HERE
UPDATE (April 11, 2025):
INDIANAPOLIS, Ind. (ADAMS) – The Indiana House has approved an amended property tax proposal and majority Republicans received word that Governor Braun supported the changes just before it was brought to the floor. It passed along party lines.
The new version of Senate Bill 1 will increase a credit applied to all homeowner bills to ten percent or a maximum of $300. Lawmakers say that will save homeowners $1.4 billion over three years.
Critics say it will take money from local school districts.
Read more HERE
ORIGINAL POST:
INDIANAPOLIS, Ind. (ADAMS) – Indiana Governor Mike Braun is touting a tax relief plan for Hoosiers after a deal was reached with lawmakers. The Indiana Senate had passed Senate Bill 1, but the tax cuts were lower than what Braun wanted for homeowners in the state. The Indiana House of Representatives now passed Amendment 36 to the bill, which aims to provide further tax relief to Hoosiers.
The governor is calling on the Senate to quickly send the bill to his desk once it’s returned to them so he can sign it into law.
SB 1 has faced pushback and criticism with many saying that it will take money from local services, schools, libraries and more.
House Democratic Leader Phil GiaQuinta (D-Fort Wayne) released the following statement on State Rep. Jeff Thompson’s Amendment 36 to Senate Bill 1, which was adopted by the House of Representatives on second reading:
“Let’s be real: Senate Bill 1 is a tax hike in disguise. Paying up to 4.1% in income taxes to your city and county on top of state and federal taxes is much more than the $300 max in ‘credit’ you could receive off your property tax bill in 2026. Businesses still get a break, but working Hoosiers get crumbs. This is a bad deal for working Hoosier families, which is why House Democrats voted no on this plan.”
Read more HERE
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