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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SB216 • 2026

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

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

Passed Legislature

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

Sponsor
Senator James Buck
Last action
2026-01-15
Official status
Senate Bill (S)
Effective date
Not listed

Plain English Breakdown

The official source material does not provide details on the specific types of losses or compensation amounts that would be covered under this bill.

Business Loss Compensation in Eminent Domain

This bill requires local governments to provide businesses with compensation for losses if their property is taken by eminent domain after receiving forgivable loans.

What This Bill Does

  • Changes the rules about how local governments handle business losses when taking over private land for public use (eminent domain).
  • Requires local governments to give businesses money if they lose income because of a government takeover of their property, but only if the business got forgivable loans from that same government.

Who It Names or Affects

  • Businesses operating on properties in Indiana
  • Local governments providing forgivable loans to businesses

Terms To Know

Eminent Domain
The power of the government to take private property for public use, usually with compensation.
Forgivable Loans
Loans that do not need to be paid back if certain conditions are met.

Limits and Unknowns

  • The bill does not specify the amount of compensation businesses will receive.
  • It is unclear how this law will affect local government budgets and loan programs.

Bill History

  1. 2026-01-15 Senate

    Committee report: amend do pass adopted; reassigned to Committee on Appropriations

  2. 2026-01-08 Senate

    Authored by Senators Buck, Niemeyer

  3. 2026-01-08 Senate

    First reading: referred to Committee on Local Government

Official Summary Text

A BILL FOR AN ACT to amend the Indiana Code concerning property.
Eminent domain.

Current Bill Text

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

Eminent domain.

Provides that if a unit of local government (unit) provides forgivable loans, the unit must (as a condition of providing forgivable loans) require that a person operating a business on a property may be entitled to compensation for business losses resulting from a condemnation of the property.