Tax and fiscal matters.

Summary

The law requires every county that uses a property‑tax statement as notice of assessment to mail a statement to every property owner, even if no tax is owed, and to show whether the 2027 liability is lower than the 2026 liability. It also changes how tax credits are capped and allocated, limits certain property‑tax exemptions for nonprofit hospitals, and adds reporting duties for the Indiana Economic Development Corporation and new rules for transfer‑fee covenants, cash‑rounding, public‑library budgets, and local tax‑collection entities. These changes affect counties, hospitals, nonprofits, developers, and taxpayers across Indiana.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share