31 articles tagged with "sb1".
Property Taxes6 min read
Lawmakers say SEA 1 lowered 2026 bills for two-thirds of Indiana homeowners. If yours rose, one of four structural reasons — caps, referendums, AV jumps, classification.
Property Taxes6 min read
SEA 1 lets counties adopt a local income tax of up to 0.3% in 2026-27 solely to reduce homestead property tax bills. How it works — and why it isn't the replacement LIT.
Property Taxes8 min read
Indiana SB1 removed the 30% minimum-value floor on new business personal property placed in service on or after Jan 1, 2025. Here's how it lowers BPP assessed value over time.
How-To Guides5 min read
A step-by-step walkthrough to estimate your 2026 Indiana property tax bill under SB 1: gross AV, deductions, net AV, district rate, circuit-breaker cap, and the $300 credit.
Property Taxes7 min read
SB1 created a new deduction for Indiana rental and agricultural property, starting near 6% of AV in 2026 and rising to roughly 33.4% by 2031, applied automatically by the auditor.
Property Taxes9 min read
If you bought a Marion County home and never filed the homestead deduction, your 2026 bill loses the 1% cap, the deduction itself, and the new $300 SB1 credit. Here is how to fix it.
Property Taxes5 min read
Under Indiana SB 1, local units must now pass an ordinance after a public hearing to raise their levy. Here's what changed in 2026 and how to show up and weigh in.
Property Taxes6 min read
Indiana counties had a year to decide whether to impose SB 1's replacement LIT. As of mid-2026, the patterns are clear: urban counties imposed, rural counties largely declined, mid-sized counties split. Here's the scoreboard.
Property Taxes6 min read
Indiana eliminated the property tax mortgage deduction in 2023, and SB 1 made the replacement supplemental deduction permanent. For homeowners still seeing 'mortgage deduction' on old paperwork, here's what changed and what to look for in 2026.
Property Taxes6 min read
SB 1 gave Marion County authority to impose up to a 1.2% replacement Local Income Tax. The City-County Council's 2026 decision shapes household budgets for the next several years. Here's what was decided, who's affected, and the dollar impact.
Property Taxes6 min read
Indiana's spring 2026 tax bills include a new 10% homestead credit capped at $300. Here's who qualifies automatically, where it appears on your bill, and the math on a sample home.
Property Taxes5 min read
SEA 1 and HEA 1427 raised Indiana's business personal property exemption from $80,000 to $2,000,000 effective with the January 1, 2026 assessment. Most small businesses, rental LLCs, and short-term rental operators now owe zero BPP tax — but the filing requirement stays. Here's what changed and how to claim the exemption on Form 103.
Data & Analytics6 min read
Marion County absorbs $300M+ in annual circuit breaker cap losses — the largest in Indiana. With SB 1 layered on, IPS faces a $1.3M 2026 hit and $2.2M in 2027. Here's the math.
Property Taxes6 min read
SB 1 converts Indiana's over-65 and disabled property tax deductions into dollar credits with expanded eligibility. Here's what changes, who benefits, and how to verify your county applies the new rules.
How-To Guides6 min read
Indiana's new DLGF-run property tax transparency portal, mandated by SB 1 and live since January 1, 2026, lets any homeowner inspect the rate, levy components, and circuit-breaker credits behind their bill. A 4-step audit walkthrough — and what the portal doesn't tell you.
Property Taxes6 min read
Indiana's SB 1 is the biggest property tax reform in years. New 10% homestead credit, increased supplemental deduction, levy freeze, and expanded senior benefits — here's what it means for your tax bill.
Property Taxes7 min read
Vanderburgh County 2026 property tax bills are in the mail with a May 11 deadline. Evansville owners face the SB 1 credit, an XSoft assessment portal, and the Form 11 cycle ahead.
Property Taxes6 min read
SB 1's $1.3B in property tax savings has to come from somewhere. Counties got new authority to impose a replacement LIT from July 1, 2025; municipalities get their own LIT authority starting 2028, capped at 2.9% combined. The relief on your property bill may appear as a deduction from your paycheck. Who wins, who loses.
Property Taxes6 min read
Howard County's industrial base concentrates AV in a few large parcels. Here's how SB 1 and the 2026 assessment cycle land on Kokomo homes and businesses.
Property Taxes6 min read
Kosciusko County combines Warsaw's orthopedics hub, lake-driven residential AV, and ag land. Here's how SB 1 and 2026 reform land in this distinctive county.
Property Taxes6 min read
Bartholomew County's tax base ties to Cummins and Columbus. Here's what 2026 SB 1 reform and Form 11 notices mean for owners across the county.
Property Taxes6 min read
Cass County's 2026 assessment cycle brings the SB 1 credit, the supplemental deduction step-up, and a January 15 filing deadline that already passed. Here's what's left to do.
Property Taxes8 min read
Dubois County and Jasper run below the statewide median for property tax. Here's how the 2026 SB 1 credit and DLGF reset affect southwest Indiana's German-heritage county.
Property Taxes6 min read
Blackford County is Indiana's smallest by area and one of its most rural. Here's how 2026 SB 1 reform and the Form 11 cycle land in Hartford City.
Property Taxes6 min read
Brown County combines a tourism-heavy Nashville core with hilly residential and forest land. Here's how SB 1 and 2026 reform land in Indiana's arts capital.
Property Taxes6 min read
Clay County's mining heritage shaped its land use. Here's how legacy industrial sites, ag land, and SB 1 reform combine in Brazil's 2026 tax picture.
Property Taxes6 min read
Clinton County combines productive farmland and a Frankfort-anchored industrial corridor. Here's how 2026 SB 1 reform lands in this central Indiana mixed-use county.
Property Taxes7 min read
Crawford County's tax base is reshaped by the Hoosier National Forest. Here's how 2026 SB 1 reform and exempt land affect English-area property tax.
Property Taxes7 min read
Fayette County's 2026 budget order set January 15. For Connersville's roughly 22,000 residents, the SB 1 reforms reshape what owners actually owe.
Agriculture7 min read
Fountain County's 2026 budget order issued December 30. Covington-area farmland owners face new SB 1 deductions alongside DLGF base-rate adjustments.
Agriculture7 min read
Greene County's 2026 Form 11 notices arrive this spring. Bloomfield-area farmland owners face new SB 1 deductions alongside DLGF base-rate adjustments.