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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HB1337 • 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 Chris Campbell
Last action
2026-01-06
Official status
Introduced House Bill (H)
Effective date
Not listed

Plain English Breakdown

The official source material does not provide specific details about how these changes will impact individuals or communities.

Changes to Property Taxes and Tax Credits in Indiana

This bill changes how certain property taxes are used for debt payments and alters the expiration dates for expenditure tax rates.

What This Bill Does

  • Removes specific property taxes from being counted when calculating a person's supplemental tax credit, including those imposed to pay debt service on certain bonds or leases.
  • Sets new expiration dates for the expenditure tax rate in counties and municipalities, changing it to every four years instead of annually.

Who It Names or Affects

  • People who pay property taxes in Indiana
  • Counties and municipalities in Indiana

Terms To Know

supplemental tax credit
A reduction in the amount of tax a person has to pay.
expenditure tax rate
The rate at which counties and municipalities can charge taxes for spending purposes.

Limits and Unknowns

  • Does not specify what happens after December 31, 2029, beyond the set expiration dates.
  • Does not provide details on how the changes will affect specific individuals or communities.

Bill History

  1. 2026-01-06 House

    Authored by Representative Campbell

  2. 2026-01-06 House

    Coauthored by Representative Lopez

  3. 2026-01-06 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.
Property and local income tax.

Current Bill Text

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

Property and local income tax.

Provides that property taxes imposed to pay debt service: (1) on certain bonds; and (2) to make lease payments on certain leases; are not considered for purposes of calculating a person's supplemental tax credit. Provides that the expenditure tax rate for a county or municipality expires on December 31, 2029, and on December 31 of every fourth calendar year thereafter (instead of every calendar year under current law).