summary
Introduced
01/14/2025
01/14/2025
In Committee
01/14/2025
01/14/2025
Crossed Over
Passed
Dead
04/24/2025
04/24/2025
Introduced Session
Potential new amendment
2025 Regular Session
Bill Summary
School levy referenda. Provides that: (1) a referendum authorizing a school corporation to impose property taxes to pay debt service on bonds or lease rentals on a lease for a specified controlled project; (2) a school corporation operating referendum tax levy; or (3) a school corporation school safety referendum tax levy; may be placed on the ballot only at a primary election conducted in a general election year or a general election. Provides that a school corporation may not adopt a resolution to place an operating referendum or school safety referendum on the ballot during the second calendar year after the final calendar year in which a previously approved operating referendum levy or school safety referendum levy is imposed. Provides that in a local public question, a school corporation must provide the total amount of property tax revenue expected to be collected each year.
AI Summary
This bill provides several modifications to school levy referenda in Indiana, with key provisions focusing on when and how school corporations can place tax levy referendums on the ballot. Specifically, the bill restricts school corporations from placing referendums on the ballot during the calendar year immediately following the final year of a previously approved referendum levy. Additionally, it limits referendums to only being placed on ballots during primary elections in general election years or general elections. The bill requires more transparent reporting about the potential tax impacts, including mandating that schools provide detailed information about the estimated percentage increase in property taxes for both residential and business properties. The legislation also introduces new requirements for how schools calculate and disclose the potential tax rate changes, and adds provisions about how charter schools might be involved in and impacted by these referendums. These changes aim to provide more clarity and consistency in how school corporations seek additional tax funding, while also giving voters more comprehensive information about potential tax increases.
Committee Categories
Budget and Finance
Sponsors (3)
Last Action
Senate Tax and Fiscal Policy Hearing (08:30:00 1/28/2025 Room 431) (on 01/28/2025)
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/senate/8/details |
| Senate Tax and Fiscal Policy Amendment #2 | https://iga.in.gov/pdf-documents/124/2025/senate/bills/SB0008/committee-amendments/amendments/SB0008.01.INTR.AMS02.pdf |
| Senate Tax and Fiscal Policy Amendment #2 | https://iga.in.gov/pdf-documents/124/2025/senate/bills/SB0008/committee-amendments/drafts/AM000802.pdf |
| BillText | https://iga.in.gov/pdf-documents/124/2025/senate/bills/SB0008/SB0008.01.INTR.pdf |
| Fiscal Note #1: Introduced | https://iga.in.gov/pdf-documents/124/2025/senate/bills/SB0008/fiscal-notes/SB0008.01.INTR.FN001.pdf |
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