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SB 165

Indiana - Session 2026

Senate in_committee 2026-01-05
Bill Details

Title: Hobart counter-cyclical fund loan.

Summary

Cancels a 2023 loan or loans from the state of Indiana from the counter-cyclical revenue and economic stabilization fund for the purpose of providing funds to be applied to refunding certain bonds of the city of Hobart and the city of Hobart redevelopment district and offsetting property tax revenue shortfalls incurred and to be incurred by the city of Hobart. Provides that the city of Hobart is not required to make any further payments to the state of Indiana in satisfaction of the loan or loans.

Sponsor
Mark Spencer
Official Source Back to Bills
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Actions Timeline
Date Event Detail
2026-01-05 Introduced Bill introduced
2026-01-05 Status in_committee
2026-01-05 Latest Action First reading: referred to Committee on Tax and Fiscal Policy
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