FailedFiled Feb 9, 2026
Sponsor: Tony Locke (R)
Latest Action
H Failed Introduction 31-29-2-0-0
Feb 10, 2026
Summary
The bill changes the way exemptions are calculated for single‑family residential structures and the improved land attached to them. Exemptions will now be limited to the portion of assessed value that exceeds the prior year’s assessed value, plus a small percentage increase. It would affect homeowners of single‑family houses by potentially reducing their tax break starting July 1, 2026.
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