All Roll Calls
Yes: 137 • No: 2
IndianaSB 232Second Regular Session 124th General Assembly (2026)SenateWALLET
Real property appraisals.
Sponsored By: Mark Spencer (Democratic)
Became Law
local governmentthe house
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Bill Overview
Analyzed Economic Effects
3 provisions identified: 0 benefits, 0 costs, 3 mixed.
City posts averages, sets minimum prices
Beginning July 1, 2026, the city must post each year the average value per square foot for the appraised homes. It must also post the average value per acre for the appraised commercial sites. The city may use these posted averages to set a minimum sale price for city homes and commercial land that year. These rules end December 31, 2029.
City staff barred from buying appraised properties
Beginning July 1, 2026, city employees and appointed or elected officers cannot buy any property appraised under this program. The ban ends December 31, 2029. This reduces conflicts of interest in city sales.
One city gets appraisal and sale tools
Beginning July 1, 2026, a single Indiana city (population over 69,000 and under 69,500) can hire an appraiser each year. The appraiser values ten homes and ten commercial properties of at least five acres across the city. The city can use these appraisals to meet state appraisal rules for selling city property. All of these authorities end December 31, 2029.
Sponsors & Cosponsors
Sponsor
Mark Spencer
Democratic • Senate
Cosponsors
Bruce Borders
Republican • House
Dan Dernulc
Republican • Senate
Earl Harris
Democratic • House
Ed Charbonneau
Republican • Senate
Greg Taylor
Democratic • Senate
Julie Olthoff
Republican • House
La Keisha Jackson
Democratic • Senate
Lonnie Randolph
Democratic • Senate
Mike Bohacek
Republican • Senate
Shelli Yoder
Democratic • Senate
Vernon Smith
Democratic • House
Roll Call Votes
House vote • 2/23/2026
Roll Call 309 on SB0232.04.COMH
Yes: 93 • No: 2 • Other: 1
Senate vote • 1/26/2026
Roll Call 79 on SB0232.03.ENGS
Yes: 44 • No: 0
Actions Timeline
Public Law 46
3/3/2026SenateSigned by the Governor
3/3/2026SenateSigned by the President of the Senate
2/26/2026SenateSigned by the Speaker
2/25/2026HouseReturned to the Senate without amendments
2/24/2026HouseSigned by the President Pro Tempore
2/24/2026SenateThird reading: passed; Roll Call 309: yeas 93, nays 2
2/23/2026HouseSecond reading: ordered engrossed
2/19/2026HouseRepresentatives Smith V, Borders added as cosponsors
2/18/2026HouseCommittee report: do pass, adopted
2/17/2026HouseFirst reading: referred to Committee on Local Government
1/28/2026HouseReferred to the House
1/27/2026SenateHouse sponsor: Representative Olthoff
1/26/2026SenateCosponsor: Representative Harris
1/26/2026SenateThird reading: passed; Roll Call 79: yeas 44, nays 0
1/26/2026SenateSenator Jackson L added as coauthor
1/26/2026SenateSenator Charbonneau added as third author
1/26/2026SenateSenators Taylor G, Yoder, Bohacek added as coauthors
1/26/2026SenateSenator Dernulc added as second author
1/22/2026SenateSenator Randolph added as coauthor
1/22/2026SenateSecond reading: amended, ordered engrossed
1/22/2026SenateAmendment #1 (Dernulc) prevailed; voice vote
1/22/2026SenateCommittee report: do pass, adopted
1/15/2026SenateAuthored by Senator Spencer
1/8/2026SenateFirst reading: referred to Committee on Local Government
1/8/2026Senate
Bill Text
Engrossed Senate Bill (H)
Enrolled Senate Bill (S)
Introduced Senate Bill (S)
Senate Bill (S)