FailedFiled Jan 8, 2026
Sponsor: Wendy Dant Chesser (Democratic)
Latest Action
First reading: referred to Committee on Ways and Means
Jan 8, 2026
Summary
The bill would let Indiana first‑time homebuyers open special savings accounts at banks or credit unions, with earnings and withdrawals for down‑payment costs exempt from state tax. It also provides a state tax credit of up to $5,000 based on contributions. The Indiana Housing and Community Development Authority would administer the program.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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