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Indiana representatives Commons and Culp highlight new state laws addressing property tax relief, agricultural efficiency, ...
INDIANAPOLIS — Shortly after midnight Tuesday, Indiana Senate Republicans agreed to significant changes in an immense local property and income tax plan — avoiding risky negotiations in favor ...
Senate Bill 1 would save homeowners a collective $1.2 billion in property taxes over three calendar years, from 2026 through 2028, according to a Thursday fiscal analysis.
Unlike income taxes, he said property tax revenue is entirely local. The state doesn’t receive any. Indiana homeowners have endured a massive spike in assessed values since 2021.
Indiana, moreover, is now ranked 7th nationally for net in-migration, with the high-earning, talented individuals Indiana needs flocking to cities in Hamilton County. That’s not an accident.
INDIANAPOLIS — Gross assessed values for commercial, industrial and residential properties throughout Indiana collectively rose 12% from 2024 to 2025, according to a statewide comparison chart ...
As of 2024, property taxes paid by residential homeowners across the state boosted to 58.4% of the total collected, and commercial and industrial property taxes collected dropped to a 39.3% share.
Total net property tax levies for pay year 2022 were just over $9 billion, Johnson said. The number increased by 10% for pay year 2023 and by 7% for pay year 2024, he said.
As Indiana’s Legislature continues to debate statewide property tax reform, officials in Lake County are pointing to new data showing that homeowners have taken on an unfair share of property ...
Again, you can learn this not only by watching where they move, but also by the value that people place on property in these high-tax locations. There is a large body of research on this question ...
Gov. Mike Braun is now seeking changes to Indiana’s property tax system through Senate Bill 1, which proposes cutting these taxes, capping future increases and reforming the system.
The Indiana property tax is complicated. Each spring the county treasurer reminds us just how complicated it is, by mailing form TS-1, “Taxpayer and Property Information.” It’s a one-page summary of ...