Indiana · 2025 Regular Session · Bill
SB 367: Annual adjustment of assessed value.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 367 is a bill introduced in the Indiana Senate on January 13, 2025. According to its official title, it concerns: Annual adjustment of assessed value. Primary sponsor: Jim Buck (Republican), Mike Young (Republican). Most recent recorded action (January 13, 2025): First reading: referred to Committee on Tax and Fiscal Policy.
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.
Provides that the assessed value of residential real property that is used and occupied by the owner of the property as the owner's primary residence shall not be adjusted based on investment residential real property.
Sponsors
Sponsors by party (alphabetical): Republican 2
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Jim Buck | Primary sponsor | Republican | Senate | 21 |
| Mike Young | Primary sponsor | Republican | Senate | 35 |
“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 Tax and Fiscal Policy
- Authored by Senators Young M and Buck