KLS Keeping Law Simple Legislation in plain English

Straight-ahead summaries built from the official bill text. We keep the source links front and center and leave the decision up to you.

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HB1238 • 2026

A BILL FOR AN ACT to amend the Indiana Code concerning taxation.

A BILL FOR AN ACT to amend the Indiana Code concerning taxation.

Taxes
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Representative Ryan Dvorak
Last action
2026-01-05
Official status
Introduced House Bill (H)
Effective date
Not listed

Plain English Breakdown

Checked against official source text during the last sync.

Homestead Property Tax Assessment Act

This bill changes how homestead properties are assessed for taxes in Indiana starting from January 1, 2027.

What This Bill Does

  • Changes when a home that someone lives in can be reassessed for property tax purposes, beginning on January 1, 2027.
  • Says the value of a homestead cannot change unless it is sold, given away, inherited, or transferred to another owner.
  • Allows homeowners to ask for an assessment before selling their home.

Who It Names or Affects

  • Homeowners who live in and own their homes as their primary residence.

Terms To Know

Homestead
A person's main home where they live, which is often given special tax benefits.
Assessment
The process of determining the value of a property for tax purposes.

Limits and Unknowns

  • Does not specify what happens if there are disputes about when an assessment should be made.
  • It is unclear how this will affect homeowners who do not request reassessments before selling their homes.

Bill History

  1. 2026-01-05 House

    Authored by Representative Dvorak

  2. 2026-01-05 House

    First reading: referred to Committee on Ways and Means

Official Summary Text

A BILL FOR AN ACT to amend the Indiana Code concerning taxation.
Assessment of homesteads.

Current Bill Text

Read the full stored bill text 
A BILL FOR AN ACT to amend the Indiana Code concerning taxation.

Assessment of homesteads.

Provides that, beginning with the January 1, 2027, assessment date, the assessed value of real property that qualifies as a homestead shall only be adjusted upon the sale, devise, descent, or conveyance of the real property. Provides that the assessed value of such real property may not be adjusted before the sale, devise, descent, or conveyance of the real property unless requested by the owner of the real property.