Reps. Culp, Jordan: Legislation delivering robust property tax relief and reform to Hoosiers signed into law

STATEHOUSE (April 23, 2025) – State Reps. Kendell Culp (R-Rensselaer) and Jack Jordan (R-Bremen) 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 Hoosier homeowners will see a lower bill in 2026 than they did in 2025.

"With this legislation, we're saving Hoosiers real money, tackling local debt and increasing transparency," Culp said. "It also provides farmers with significant savings. This new law makes important reforms to the property tax system, and I will continue to advocate for additional savings for our agriculture community as we continue these discussions."

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 relief for fixed-income seniors and disabled veterans.
• Phases in a two-thirds property tax deduction for homesteads and a new one-third property tax deduction for other residential properties and farmers.
• Exempts more Hoosier small businesses from paying business personal property tax.
• Reduces assessed value for farmland, saving Hoosier farmers roughly $125 million over three years.

Additionally, it advances long-term reforms including:

• Reduces the amount of total local income taxes that local governments can collect by $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.

"Senate Enrolled Act 1 is about putting Hoosier families first and providing them with the relief they need today while creating a more stable and secure future for taxpayers across the state," Jordan said. "We're looking to take a responsible, long-term approach to tax relief while strengthening the financial foundation for our communities."

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

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State Rep. Kendell Culp (R-Rensselaer) represents House District 16,
which includes portions of Jasper, Pulaski, Starke and White counties.
Click here to download a high-resolution photo.

State Rep. Jack Jordan (R-Bremen) represents House District 17,
which includes all of Fulton County, and portions of Marshall and Pulaski counties.
Click here to download a high-resolution photo.