Kosciusko County legislators: Legislation delivering robust property tax relief and reform to Hoosiers signed into law

STATEHOUSE (April 22, 2025) – State Reps. David Abbott (R-Rome City) and Craig Snow (R-Warsaw) supported Senate Enrolled Act 1, advancing a robust package of property tax relief for Hoosier homeowners and long-term reforms. SEA 1 has now been signed into law.

Under SEA 1, through a combination of credits and reforms, Hoosier homeowners will save $1.3 billion in property taxes over the next three years. Two-thirds of Hoosiers will see a lower property tax bill in 2026 than they did in 2025.

"Senate Enrolled Act 1 is a win for our communities by bringing additional property tax relief and more transparency to the system," Abbott said. "It will help homeowners, farmers and small business owners in the short term and bring needed reforms long term."

SEA 1 includes the following property tax relief measures:

• A 10% property tax credit up to $300 on all homestead property tax bills beginning in 2026.
• Additional, stackable credits of $150 for fixed-income seniors.
• Exempts more Hoosier small businesses from paying business personal property tax.
• Saves farmers roughly $125 million over three years.

Additionally, it advances long-term reforms including:

• Decreases the amount of total local income taxes that local governments can collect, reducing the cap from 3.75% to 2.9%, a reduction of $1.9 billion.
• Puts stronger controls in place to rein in the $54.3 billion in local government debt.
• Requires referenda to be held during general elections to align with higher voter turnout and increase transparency of referenda questions to better note the tax impact.
• Creates a Property Tax Transparency Portal to allow taxpayers to compare their current tax bill with proposed tax rate changes.

"Property taxes have been a growing concern for Indiana taxpayers, and this new law will provide much-needed relief," Snow said. "It helps families, seniors, veterans and small businesses keep more of their hard-earned money."

Visit iga.in.gov to follow the legislative session, which must conclude by April 29. 

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State Rep. David Abbott (R-Rome City) represents House District 18,
which includes portions of Elkhart, Kosciusko, Noble and Whitley counties.
Click here to download a high-resolution photo. 

State Rep. Craig Snow (R-Warsaw) represents House District 22,
which includes portions of Kosciusko and Wabash counties.
Click here to download a high-resolution photo.