Indiana · 2025 Regular Session · Bill
SB 105: Elimination of annual adjustments of assessed values.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 105 is a bill introduced in the Indiana Senate on January 8, 2025. According to its official title, it concerns: Elimination of annual adjustments of assessed values. Primary sponsor: Rick Niemeyer (Republican). Most recent recorded action (January 8, 2025): Authored by Senator Niemeyer.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Eliminates the annual adjustments (or "trending") to assessed values of certain real property for assessment dates beginning after December 31, 2025. Retains the provisions in current law that require four year cyclical reassessments. Allows a reassessment plan for the four year cyclical reassessments to include trending factors in the plan. Does not eliminate the annual adjustment for agricultural land. Makes conforming changes. Makes technical corrections.
Sponsors
Sponsors by party (alphabetical): Republican 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Rick Niemeyer | Primary sponsor | Republican | Senate | 6 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Authored by Senator Niemeyer
- First reading: referred to Committee on Tax and Fiscal Policy