SB 325

  • Indiana Senate Bill
  • 2023 Regular Session
  • Introduced in Senate
  • Passed Senate Feb 28, 2023
  • Passed House Apr 17, 2023
  • Became Law May 04, 2023

Homestead standard deduction.

Abstract

Specifies the requirements and the real property improvements considered when determining whether property is a dwelling or a homestead for purposes of the standard property tax deduction law. Removes additional definitions of "homestead" from the statute. Specifies that for purposes of the circuit breaker law "nonresidential real property" refers to real property that is not: (1) a homestead; (2) residential property; (3) long term care property; or (4) agricultural land. Provides that, for assessment dates after December 31, 2023, "residential property" includes any other land, building, or residential yard structure, including a deck, patio, gazebo, or pool that is not attached to a dwelling that: (1) is not part of a homestead; and (2) is predominantly used for a residential purpose. Makes a conforming change.

Bill Sponsors (5)

Votes


Actions


May 04, 2023

Senate

Public Law 182

Office of the Governor

Signed by the Governor

May 01, 2023

House

Signed by the Speaker

Apr 28, 2023

Senate

Signed by the President of the Senate

Apr 24, 2023

Senate

Signed by the President Pro Tempore

Apr 20, 2023

Senate

Senate concurred in House amendments; Roll Call 462: yeas 37, nays 9

Apr 19, 2023

Senate

Motion to concur filed

Apr 18, 2023

House

Returned to the Senate with amendments

Apr 17, 2023

House

Third reading: passed; Roll Call 432: yeas 97, nays 1

Apr 13, 2023

House

Amendment #3 (Thompson) prevailed; voice vote

House

Reread second time: amended, ordered engrossed

Apr 12, 2023

House

Placed back on second reading

Apr 11, 2023

House

Amendment #1 (Pryor) prevailed; voice vote

House

Amendment #2 (Thompson) prevailed; voice vote

House

Second reading: amended, ordered engrossed

Apr 06, 2023

House

Committee report: amend do pass, adopted

Mar 06, 2023

House

First reading: referred to Committee on Ways and Means

  • Reading-1
  • Referral-Committee
ways and means

Mar 01, 2023

Senate

Referred to the House

Feb 28, 2023

Senate

Third reading: passed; Roll Call 194: yeas 41, nays 8

Senate

Senator Randolph added as coauthor

Senate

House sponsor: Representative Thompson

Feb 27, 2023

Senate

Amendment #1 (Buchanan) prevailed; voice vote

Senate

Senator Rogers added as third author

Senate

Senator Gaskill added as second author

Senate

Second reading: amended, ordered engrossed

Feb 21, 2023

Senate

Committee report: amend do pass, adopted

Jan 12, 2023

Senate

Authored by Senator Buchanan

Senate

First reading: referred to Committee on Tax and Fiscal Policy

  • Reading-1
  • Referral-Committee
tax and fiscal policy

Bill Text

Bill Text Versions Format
Introduced Senate Bill (S) PDF
Senate Bill (S) PDF
Engrossed Senate Bill (S) PDF
Senate Bill (H) PDF
Engrossed Senate Bill (H) PDF
Engrossed Senate Bill (H) PDF
Enrolled Senate Bill (S) PDF

Related Documents

Document Format
Fiscal Note: SB0325.07.ENRH.FN001 PDF

Sources

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