SB 292 — County option circuit breaker tax credit.
Last action — First reading: referred to Committee on Ways and Means
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✓Introduced
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✓In Committee
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3Passed Senate
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4Passed House
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5To Executive
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6Enacted
This bill died with 2020 Regular Session. It reached “Passed Senate” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.
Summary
Authorizes a county fiscal body to adopt an ordinance to provide a credit against property tax liability for qualified individuals. Defines a "qualified individual" for purposes of the credit. Provides that the ordinance may designate: (1) all of the territory of the county; or (2) one or more specific geographic territories within the county; as an area in which qualified individuals may apply for the credit. Provides that the credit amount is equal to the amount by which property taxes on the property increased by more than 2% from the prior year. Requires a qualified individual who desires to claim the credit to file a certified statement with the county auditor. Provides that the county auditor shall apply the credit in succeeding years after the certified statement is filed unless the auditor determines that the individual is no longer eligible for the credit or the county fiscal body rescinds the ordinance. Provides a penalty for wrongly receiving the credit that is the same as the penalty for wrongly receiving the homestead standard deduction.
Bill Text
We don't have the full text on file for this bill yet.
Read SB 292 on the official Indiana source →Action History
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First reading: referred to Committee on Ways and Means
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Referred to the House
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Cosponsors: Representatives Manning and Pryor
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House sponsor: Representative Brown T
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Third reading: passed; Roll Call 123: yeas 39, nays 8
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Senator Gaskill added as third author
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Second reading: ordered engrossed
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Committee report: amend do pass, adopted
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Senator Buchanan added as second author
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First reading: referred to Committee on Tax and Fiscal Policy
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Authored by Senator Sandlin
Sponsors
- Cherrish Pryor · Cosponsor
- Ethan Manning · Cosponsor
- Mike Gaskill · Primary
- Brian Buchanan · Primary
- Jack Sandlin · Primary
- Liz Brown · Primary
Sponsorship breakdown
Export CSV (upgrade) →4 sponsors · 2 co-sponsors · 144 not signed on
Sponsors (4)
- Mike Gaskill Republican
- Brian Buchanan Republican
- Jack Sandlin
- Liz Brown Republican
Co-sponsors (2)
- Cherrish Pryor Democrat
- Ethan Manning Republican
Not signed on (144)
144 members have not signed on to this bill.
Show all 144 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does SB 292 do?
- Authorizes a county fiscal body to adopt an ordinance to provide a credit against property tax liability for qualified individuals. Defines a "qualified individual" for purposes of the credit. Provides that the ordinance may designate: (1) all of the territory of the county; or (2) one or more specific geographic territories within the county; as an area in which qualified individuals may apply for the credit. Provides that the credit amount is equal to the amount by which property taxes on the property increased by more than 2% from the prior year. Requires a qualified individual who desires to claim the credit to file a certified statement with the county auditor. Provides that the county auditor shall apply the credit in succeeding years after the certified statement is filed unless the auditor determines that the individual is no longer eligible for the credit or the county fiscal body rescinds the ordinance. Provides a penalty for wrongly receiving the credit that is the same as the penalty for wrongly receiving the homestead standard deduction.
- Who sponsors SB 292?
- SB 292 is sponsored by Cherrish Pryor (Democrat), Ethan Manning (Republican), Mike Gaskill (Republican), Brian Buchanan (Republican), Jack Sandlin, and Liz Brown (Republican).
- What is the current status of SB 292?
- This bill died with 2020 Regular Session. It reached “Passed Senate” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track SB 292?
- Track SB 292 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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