INDIANAPOLIS — As Hoosiers ring in the new year, an overhaul of the state’s property tax system is officially taking effect, promising over $1.3 billion in savings for property owners over the next three years.
Senate Enrolled Act 1 (SEA 1), a top priority for the 2025 legislative session, aims to protect families from the sting of rising home values and inflation. State Representative Becky Cash of Zionsville says the law is a direct response to the financial anxiety many residents have voiced.
“I’ve talked with many families who have been worried about high property tax bills and tighter budgets,” Rep. Cash said. “This new law helps Hoosiers stay in their homes and continue building their future here in Indiana.”…