Indiana · 2025 Regular Session · Bill
SB 333: State loans for property tax revenue shortfall.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 333 is a bill introduced in the Indiana Senate on January 13, 2025. According to its official title, it concerns: State loans for property tax revenue shortfall. Primary sponsor: Mark Spencer (Democratic). Most recent recorded action (January 13, 2025): First reading: referred to Committee on Appropriations.
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.
Forgives loans made to certain qualified taxing units in Lake County. Urges the legislative council to assign to the appropriate interim study committee during the 2025 legislative interim the task of studying whether to create an insurance fund to be used to make payments to political subdivisions that issue refunds for the overpayment of property taxes to political subdivisions as a result of successful property tax appeals.
Sponsors
Sponsors by party (alphabetical): Democratic 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Mark Spencer | Primary sponsor | Democratic | Senate | 3 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- First reading: referred to Committee on Appropriations
- Authored by Senator Spencer