IN SB 165
died on adjournmentHobart counter-cyclical fund loan.
Indiana · 2026 Regular Session (2nd Regular Session, 124th General Assembly) · upper
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Quick answers
Did IN SB 165 pass?
No. IN SB 165 died when the 2026 Regular Session (2nd Regular Session, 124th General Assembly) adjourned without final action on it. Bills that die this way are sometimes reintroduced in a later session. Latest recorded action (2026-01-05): First reading: referred to Committee on Tax and Fiscal Policy
What is IN SB 165 about?
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.
Who sponsors IN SB 165?
Mark Spencer is the primary sponsor of IN SB 165.
Description
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.
- Introduced
- —
- Latest action
- 2026-01-05 — First reading: referred to Committee on Tax and Fiscal Policy
- Bill type
- bill
- Last updated
- —
Subjects
Sponsors
- Mark Spencerauthor
Committees
Not provided by source.
Action timeline
Newest first
2026-01-05
First reading: referred to Committee on Tax and Fiscal Policy
reading-1,referral-committee
2026-01-05
Authored by Senator Spencer
Versions
Documents
- application/pdf
- application/pdf(no extracted text yet)
Votes
Not provided by source.
Related bills
No related bills recorded for this bill.
Official source
Attribution
Data from openstates_bulk_csv, retrieved 2026-07-24T05:22:09.317128Z
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