Bill > SB0469

This bill modifies how solar power generation land is assessed for tax purposes in Indiana by dividing the existing "south region" into two separate regions: the southeast region and the southwest region. Specifically, the bill changes the existing law to require the department of local government finance to annually determine a solar land base rate for four regions (north, central, southeast, and southwest) instead of three regions as previously done. The bill redistributes certain counties between the two new regions, with the southeast region now including counties like Bartholomew, Clark, and Monroe, while the southwest region will include counties like Daviess, Dubois, and Gibson. The solar land base rate is calculated by determining the median true tax value per acre of land classified under utility property class codes for each region. The changes will take effect for assessment dates after December 31, 2025, and the provision is set to expire on December 31, 2028. The purpose appears to be to create a more nuanced and potentially more accurate method of assessing land used for solar power generation by recognizing potential regional differences in land value.

Budget and Finance

https://iga.in.gov/legislative/2025/bills/senate/469/details