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Neutral Bill Feb 26, 2026

Local government finance.

Abolishes property tax assessments after 2026 and property taxes after 2027. Bans local governments from issuing new bonds backed by property tax revenue. Eliminates TIF districts. Replaces lost property tax revenue with an increase in the state sales tax rate from 7% to 9.1%, effective January 2028.

https://openstates.org/in/bills/2026/HB1288/
Zach Payne State Representative Peggy Mayfield State Representative J.D Prescott State Representative Craig Haggard State Representative Cosponsor Jim Lucas State Representative Cosponsor
Healthcare access & costs School funding & education Taxes & property assessments Elections & voting rights Local government & county operations State government operations
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