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HB 1406·IN·house

Tax and fiscal matters.

EnactedFiled Jan 8, 2026
Sponsor: Jeffrey Thompson (Republican)
Latest Action

Public Law 162

Mar 12, 2026

Summary

The law forces county treasurers to mail a property‑tax statement to every owner and to note whether the 2027 tax bill is lower than the 2026 bill. It raises the statewide tax‑credit cap, adds new reporting requirements for the Indiana Economic Development Corp., and places limits on credits to entities linked to foreign adversary countries. Additional changes affect hospital property tax exemptions, transfer‑fee rules, personal‑property valuation, cash‑payment rounding, library budget reviews, and allow Delaware County to merge certain tax‑collection boards.

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