HB 1406: Tax and fiscal matters.
HB 1406 status: Introduced — Public Law 162 (updated Mar 12, 2026).
What this bill does
Overall score
Bill summary
OfficialProvides, in a county that uses a property tax statement as the notice of assessment, that the county treasurer must send a property tax statement to all property owners regardless of whether the property has any liability. Requires the county treasurer to indicate on the property tax statement whether a taxpayer's pro...
Key analysis
Impact analysis
Environment
Benefits
- None identified
Risks
- None identified
Economy
Benefits
- Refines venture capital tax credits
- Provides targeted economic development funding via IEDC
- Streamlines local tax administrative boards
Risks
- Changes to hospital property tax exemptions may impact nonprofit operations
- Complexity in tax compliance for various business entities
Society
Benefits
- Mandates security technology to prevent SNAP benefit theft
- Increases transparency in property tax assessment notices
Risks
- Consolidation of local boards may reduce specific stakeholder representation
- Potential for higher administrative costs in local government
How trustworthy & consequential it is
Source
OpenStates
Confidence
lowlow
Analysis status
OpenStates summary
LegiScan returned a PDF-only document. PDF extraction is not enabled in this build, so the pipeline used a safer fallback.
Analysis is based on a summary abstract rather than full bill text
Where it stands
Introduced
CurrentPublic Law 162
Committee
UpcomingFloor
UpcomingGovernor
UpcomingEnacted
UpcomingHow it affects your district
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