summary
Introduced
01/13/2025
01/13/2025
In Committee
01/13/2025
01/13/2025
Crossed Over
Passed
Dead
04/24/2025
04/24/2025
Introduced Session
2025 Regular Session
Bill Summary
Property tax deduction for water conservation. Provides a property tax deduction for the use of permeable pavement in new construction projects.
AI Summary
This bill introduces a new property tax deduction for property owners who use permeable pavement in new construction projects completed after December 31, 2025. Permeable pavement is defined as pervious concrete, porous asphalt, permeable pavers, or other porous paving materials designed to allow water to pass through and potentially store stormwater. The tax deduction will be calculated by multiplying the percentage of the property covered by permeable pavement by the property's total assessed value. To claim the deduction, property owners must file a detailed statement with their county auditor by January 15 of the calendar year in which property taxes are first due, which can be submitted in person or by mail. The bill aims to incentivize water conservation and environmentally friendly construction practices by offering a financial benefit to property owners who implement permeable pavement technologies.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
First reading: referred to Committee on Ways and Means (on 01/13/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://iga.in.gov/legislative/2025/bills/house/1379/details |
Fiscal Note #1: Introduced | https://iga.in.gov/pdf-documents/124/2025/house/bills/HB1379/fiscal-notes/HB1379.01.INTR.FN001.pdf |
BillText | https://iga.in.gov/pdf-documents/124/2025/house/bills/HB1379/HB1379.01.INTR.pdf |
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