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About 15 hours after the Indiana Senate approved changes to a high-profile property tax bill, Gov. Mike Braun signed the legislation, codifying his campaign promise of providing widespread relief to Hoosier homeowners.
Braun announced his move in a social media post Tuesday afternoon.
“Today I signed historic tax relief for Hoosiers into law,” Braun posted to X (formerly Twitter). “Nearly every Hoosier, homeowner, farmer, and business owner will benefit from tax cuts, reforms, and stronger taxpayer protections!”
The new relief measures will largely be phased in over the next four years, but many taxpayers will see lower tax bills in 2026 than in 2025.
The bill includes a 10% tax credit with a maximum impact of $300, credits for vulnerable Hoosier taxpayers, reform of how the state collects property taxes, a charter school revenue-sharing measure and local income tax adjustments.
The governor and legislative leaders have for weeks gone back and forth on SB 1’s contents. Last week, the House struck a compromise with Braun by passing an amendment increasing some immediate relief.
Lt. Gov. Micah Beckwith said in an X post Saturday that Braun should veto the bill and call a special session to pass legislation that “the average Hoosier can understand without hiring army of lawyers and accountants.”
Still, the Indiana Senate worked into early Tuesday morning to approve the House’s changes and send the House’s version of a high-profile property tax bill to the governor.
The final version of the legislation still has critics on both ends of the issue: some saying relief isn’t going far enough and others who say the local government cuts aren’t worth the savings.
You can read more about the bill the late-night Senate approval vote here.
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Braun proves once again he’s a coward. He should have had the stones to veto this POS bill and then call a special session of the legislature.
Policy by Slogan. This is a massive mistake. We’re governed by the least intelligent people in the state.
My property tax bill went up $250 a month. This sure will help!!!
Not why I voted for you Mike.
Seriously cut waste and fraud!
Then you can eliminate our property taxes.
Get rid of the administrative bloat in our schools! We need to educate our kids.
Republicans have controlled education in this state for two decades. Keep on blaming everyone else…
I hope this pack of Bible-Thumpers has a plan to replace the lost revenue from this bill. They are shorting the education budget and our test scores are already abysmal.
money doesn’t guarantee test scores or quality education.
well this was basically a worthless bill that he assigned. looks like the majority of the people are against it and again as beckwith posted it takes an army of lawyers to even figure it out.
The State giveth and the county/cities taketh away! SB 1 is a sham!
We don’t have kids in school & are seniors. A tax relief would be more than welcomed!
If you are worried about your expenses, downsize. The rest of us shouldn’t have to pay for you to keep living in the 3 bed/3 bath or whatever you lived in while your kids were growing up.
“I am not a senior, so lets cut Social Security.”
See how ignorant that sounds. We are a community. The schools are what make communities thrive. If $300 changes your life, you didn’t prepare properly for retirement.
David G hit this nail on the head with his comment. I am not a senior but yet would like to protect social security, elderly healthcare. This is going to have a definite impact on our children in this state for measly 300 bucks. This state already has a problem with recruiting talent to fill skilled labor. People do not want to relocate to a state which does not invest in education, Healthcare, child care.
As a physician, I have been yelling into the abyss about poor funding for a while now. Education suffers similar (worse) hits. Shameful.
I think Hoosiers bought a bill of goods with the Huckster Governor we elected. He is weak, and he has no idea how to lead or how to get things done. His LG is running right over him. 3 and a half more years of this circus.
So… The residential property values (specifically single family homes) soared the last few years. Not commercial or industrial property values. Now the R controlled legislature and gov decide to cut property taxes for commercial and industrial property too, instead of giving better relief to homeowners. Got it.
SEA 1 initiates a deliberate shift in Indiana’s local government finance structure—nudging counties and municipalities to rely more heavily on local income taxes (LIT) than property taxes. I think this is a positive step in the right direction. Next, I would like to see the state sales tax expanded to cover services — widening the tax base — which will allow for a reduction in the sales tax from the current 7% to something more consumer-friendly.