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.

Back to Indiana

SB158 • 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
Senator Dan Dernulc
Last action
2026-01-05
Official status
Introduced Senate Bill (S)
Effective date
Not listed

Plain English Breakdown

The official source material does not provide details on the duration of the pilot program or whether other counties can adopt similar programs.

Lake County Tax Rounding Program

This bill establishes a pilot program that rounds local taxes paid in Lake County up or down to the nearest five cents.

What This Bill Does

  • Establishes a tax rounding program for Lake County as a pilot program.
  • Requires local units to round tax amounts payable to them.
  • Rounds tax amounts downward if they end in one, two, six, or seven in the second decimal place to the next amount divisible by $0.05.
  • Rounds tax amounts upward if they end in three, four, eight, or nine in the second decimal place to the next amount divisible by $0.05.

Who It Names or Affects

  • Local units in Lake County
  • Taxpayers paying taxes to local units in Lake County

Terms To Know

local unit
A city, town, or other government body that collects taxes.
decimal place
The position of a digit after the decimal point in a number.

Limits and Unknowns

  • Does not specify how long the program will last.
  • Does not mention if other counties can use this program.

Bill History

  1. 2026-01-05 Senate

    Authored by Senator Dernulc

  2. 2026-01-05 Senate

    First reading: referred to Committee on Tax and Fiscal Policy

Official Summary Text

A BILL FOR AN ACT to amend the Indiana Code concerning taxation.
Lake County rounding of local taxes pilot program.

Current Bill Text

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

Lake County rounding of local taxes pilot program.

Establishes the Lake County rounding of local taxes pilot program. Requires a local unit to round a tax amount payable to the local unit: (1) downward in the case of a tax amount with one, two, six, or seven in the second decimal place to the next amount divisible by $0.05; or (2) upward in the case of a tax amount with three, four, eight, or nine in the second decimal place to the next amount divisible by $0.05.