IndianaHB 1616First Regular Session 124th General Assembly (2025)HouseWALLET

Department of natural resources.

Sponsored By: Shane Lindauer (Republican)

Signed by Governor

Summary

Establishes a procedure to be followed when there are unpaid taxes assessed on a mineral interest. Adds a $10,000 cap on a tax credit for a taxpayer who completes preservation or rehabilitation of a historic property. Establishes that the department of natural resources can not certify credits into future years, but may maintain credits previously certified (credits granted before March 10, 2025 for expenditures incurred before July 1, 2024). Provides conditions and guidelines under which the department of natural resources may establish submerged lands preserves. Asks the legislative council to assign to an appropriate interim study committee the topic of studying the economic value of public land for recreation in Indiana.

natural resourcesthe senatetax and fiscal policy

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Bill Overview

Analyzed Economic Effects

4 provisions identified: 2 benefits, 1 costs, 1 mixed.

New limits on historic property credits

Beginning July 1, 2025, historic-property tax credits are capped at the lesser of $10,000 or 20% of approved qualified costs. Taxpayers must finish the preservation or rehabilitation and get required certifications in the tax year they claim the credit. The office can approve only $250,000 per state fiscal year, reducing approvals to the amount remaining and stopping at the cap. These approval rules cover credits first awardable after March 9, 2025. Credits for costs incurred before July 1, 2024, and approved before March 10, 2025, count toward a pre-July 2024 fiscal year.

Claim timing relief for earlier historic credits

Beginning July 1, 2025, a special claim rule applies to historic-property credits granted before March 10, 2025. It covers credits where costs were claimed in a different tax year from when the work was performed. Those taxpayers can claim the credit in their first tax year beginning after December 31, 2024. They can also carry the credit into later years under existing carryforward rules.

Advance notice for mineral tax sales

Beginning July 1, 2025, county auditors must give added notice when unpaid taxes make a mineral interest eligible for sale. They must post the sale notice on the county website and send it to Indiana’s Department of Natural Resources. Both steps must happen at least 21 days before the auditor applies for a judgment.

Underwater preserves protect resources, limit use

Beginning July 1, 2025, Indiana’s Department of Natural Resources can create underwater preserves in Lake Michigan and the Ohio River. Qualifying areas contain historic aircraft or watercraft, abandoned property, or underwater features with cultural, recreational, environmental, or scientific value. The department must consider the need for protection, and each preserve extends to the water’s surface. It governs access and use and can restrict or ban changes, destruction, or removal of property and features. The department must also reclassify existing dedicated nature preserves containing abandoned property as submerged lands preserves.

Sponsors & Cosponsors

Sponsor

  • Shane Lindauer

    Republican • House

Cosponsors

  • Lonnie Randolph

    Democratic • Senate

  • Susan Glick

    Republican • Senate

Roll Call Votes

All Roll Calls

Yes: 234 • No: 0

House vote • 4/17/2025

House concurred with Senate amendments

Yes: 90 • No: 0

Senate vote • 4/15/2025

Third reading: passed

Yes: 47 • No: 0

House vote • 2/17/2025

Third reading: passed

Yes: 97 • No: 0

Actions Timeline

  1. Public Law 125

    4/30/2025House
  2. Signed by the Governor

    4/30/2025House
  3. Signed by the President of the Senate

    4/23/2025Senate
  4. Signed by the President Pro Tempore

    4/22/2025Senate
  5. Signed by the Speaker

    4/21/2025House
  6. House concurred with Senate amendments; Roll Call 490: yeas 90, nays 0

    4/17/2025House
  7. Returned to the House with amendments

    4/16/2025Senate
  8. Motion to concur filed

    4/16/2025House
  9. Third reading: passed; Roll Call 447: yeas 47, nays 0

    4/15/2025Senate
  10. Amendment #2 (Yoder) prevailed; voice vote

    4/14/2025Senate
  11. Second reading: amended, ordered engrossed

    4/14/2025Senate
  12. Committee report: do pass, adopted

    4/8/2025Senate
  13. Senator Randolph added as cosponsor

    4/8/2025Senate
  14. Committee report: amend do pass adopted; reassigned to Committee on Tax and Fiscal Policy

    3/25/2025Senate
  15. First reading: referred to Committee on Natural Resources

    3/3/2025Senate
  16. Referred to the Senate

    2/18/2025House
  17. Third reading: passed; Roll Call 188: yeas 97, nays 0

    2/17/2025House
  18. Senate sponsor: Senator Glick

    2/17/2025House
  19. Amendment #1 (Lindauer) prevailed; voice vote

    2/13/2025House
  20. Second reading: amended, ordered engrossed

    2/13/2025House
  21. Committee report: do pass, adopted

    1/27/2025House
  22. First reading: referred to Committee on Natural Resources

    1/21/2025House
  23. Authored by Representative Lindauer

    1/21/2025House

Bill Text

  • Engrossed House Bill (H)

  • Engrossed House Bill (S)

  • Enrolled House Bill (H)

  • House Bill (H)

  • House Bill (S)

  • Introduced House Bill (H)

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