Requires a municipal entity that hires or retains a municipal adviser to complete a competitive process at least once every two years to select the municipal adviser. Requires the municipal entity to publish a contract in a prominent location on the municipal entity's website. Eliminates the requirement that the department of local government finance (DLGF) work with the office of technology or another organization that is part of a state educational institution for purposes of posting information on the Indiana transparency website and submitting forms regarding data for local units. Makes changes to procedures regarding the reporting by county assessors of assessment values of real and personal property and parcel level data. Changes the deadline by which a county must submit to the DLGF data regarding real property, personal property, and geographic information system information from September 1 to July 1 of each year. Requires the purchaser of a mobile home to process the paperwork with the bureau of motor vehicles to transfer the title into the purchaser's name within 90 days of the sale. Eliminates provisions allowing certain entities to petition for increases to the maximum ad valorem property tax levy for their firefighting and emergency services fund, fire protection districts, and fire protection territories. Makes procedural changes for civil taxing units not subject to levy limits. Adds the county option circuit breaker tax credit and local property tax credits to the list of credits that result in a reduction of property tax collections in a political subdivision in which such a credit is applied. Specifies the procedures for the submission of certain forms and related allocation amounts with regard to various allocation areas. Provides that if a redevelopment commission (commission) fails to provide proper notice, the county auditor shall allocate 5% of the relevant assessed value in the allocation area to the respective taxing units. Provides that if the commission notifies the county auditor and the DLGF that it is unable to meet its debt service obligations with regard to the allocation area without all or part of the allocated tax proceeds attributed to the assessed value that has been allocated to the respective taxing units, then the county auditor may not allocate 5% of the assessed value in the allocation area that is used to calculate the allocation and distribution of allocated tax proceeds to the respective taxing units. Removes language regarding the submission and approval, by the DLGF, of a proposed notice, ordinance, or resolution of an adopting body or another governmental entity. Makes provisions for local income tax expenditures related to county staff expenses, courtroom costs of the state judicial system within a county, and funding for property tax homestead credits. Changes reporting requirements by governing bodies to the DLGF regarding guaranteed savings contracts and energy efficient programs used by school corporations. Provides that the property tax rate for the levy imposed to be used for the replacement of fire protection territory equipment is considered part of the maximum permissible ad valorem property tax levy and may not exceed $0.0333 per $100 of assessed value. Provides that state distributable property of utilities and railroads remains subject to the minimum valuation floor regardless of when the property is placed in service. Extends a temporary increase in the capitalization rate percentage under the statewide agricultural land base rate determination. Provides that the Jackson County innkeeper's tax rate may not exceed 8% (as opposed to 5% under current law). Provides that the DLGF shall annually publish on the Indiana Register the adjusted cost estimate threshold for a public work project that a board may perform using its own workforce, without awarding a contract. Specifies the method for determining the adjusted cost estimate threshold each year. Requires the county auditor to provide notice to the executive of a county, city, or town (as applicable) if a common area within a residential development is eligible for tax sale before the date of application for judgment and property tax exemption for certain eligible property for taxes first due order for sale is sought. Provides a real and personal property tax exemption for Indiana nonprofit senior living communities beginning with property taxes that are first due and payable in 2027. Provides a property tax exemption for certain eligible property taxes first due and payable in 2025 and 2026. Prohibits an individual or business entity from bidding or purchasing a tract or item of real property offered at tax sale if: (1) the individual; or (2) an individual with a significant ownership interest or financial interest in the business entity also held a significant ownership interest or financial interest in another business entity that; previously purchased a tract or item of real property offered at tax sale and the tract was subsequently included on the delinquency list. Increases the amount of the property tax deduction for a model residence and a residence in

Statutes affected:
Introduced House Bill (H): 5-14-3.8-3, 5-14-3.8-7, 6-1.1-2-11, 6-1.1-3-17, 6-1.1-4-4.5, 6-1.1-4-25, 6-1.1-5-14, 6-1.1-7-10.4, 6-1.1-8-44, 6-1.1-8-45, 6-1.1-12-15, 6-1.1-12-37, 6-1.1-12.6-2, 6-1.1-12.6-4, 6-1.1-12.6-8, 6-1.1-12.8-3, 6-1.1-12.8-4, 6-1.1-12.8-9, 6-1.1-12.8-10, 6-1.1-17-1, 6-1.1-18.5-7, 6-1.1-18.5-9.8, 6-1.1-20.6-3, 6-1.1-20.6-9.5, 6-1.1-20.6-9.8, 6-1.1-20.6-9.9, 6-1.1-21.2-4, 6-1.1-21.2-7, 6-1.1-24-5.7, 6-1.1-24-9, 6-1.1-39-5, 6-1.1-41-4, 6-3.6-3-2, 6-3.6-6-3, 6-9-32-3, 8-22-3.5-11, 36-1-12-3, 36-1-12.5-10, 36-1-12.5-12, 36-7-14-39, 36-7-14-48, 36-7-14-52, 36-7-14.2-1, 36-7-15.1-26, 36-7-15.1-35, 36-7-15.1-53, 36-7-15.1-62, 36-7-30-25, 36-7-30.5-30, 36-7-32-19, 36-7-32.5-16, 36-7.5-4.5-18, 36-8-19-8.5