# Indiana SB 333: State loans for property tax revenue shortfall.

Indiana SB 333, State loans for property tax revenue shortfall., is a First Regular Session 124th General Assembly (2025) Senate bill sponsored by Mark Spencer (Democratic); status failed, last action 2025-01-13 (First reading: referred to Committee on Appropriations) (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/IN-SB333-2025
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Indiana SB 333
- State: Indiana
- Session: First Regular Session 124th General Assembly (2025)
- Title: State loans for property tax revenue shortfall.
- Status: failed
- Chamber: Senate
- Introduced: 2025-01-13
- Last action: 2025-01-13, First reading: referred to Committee on Appropriations
- Sponsor: Mark Spencer (Democratic)
- Cosponsors: 0
- Subjects: appropriations
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

Forgives loans made to certain qualified taxing units in Lake County. Urges the legislative council to assign to the appropriate interim study committee during the 2025 legislative interim the task of studying whether to create an insurance fund to be used to make payments to political subdivisions that issue refunds for the overpayment of property taxes to political subdivisions as a result of successful property tax appeals.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Mark Spencer (Democratic), Senate

## Actions (2)

- 2025-01-13: First reading: referred to Committee on Appropriations (Senate)
- 2025-01-13: Authored by Senator Spencer (Senate)

## Bill text

- Introduced Senate Bill (S): [PDF](https://api.iga.in.gov/2025/bills/SB0333/versions/SB0333.01.INTR?format=pdf)

## Related bills

- SB 324: Criminal procedures. (signed)
- SB 231: Various corrections matters. (signed)
- SB 80: Code publication. (signed)
- SB 453: Various tax matters. (signed)
- SB 464: Financial institutions and consumer credit. (signed)
- SB 371: Workforce matters. (signed)

## Sources
- [Introduced Senate Bill (S) (PDF)](https://api.iga.in.gov/2025/bills/SB0333/versions/SB0333.01.INTR?format=pdf)

## Related
- [SB 324: Criminal procedures.](https://policyrisk.com/state-bill/IN-SB324-2025)
- [SB 231: Various corrections matters.](https://policyrisk.com/state-bill/IN-SB231-2025)
- [SB 80: Code publication.](https://policyrisk.com/state-bill/IN-SB80-2025)
- [SB 453: Various tax matters.](https://policyrisk.com/state-bill/IN-SB453-2025)
- [SB 464: Financial institutions and consumer credit.](https://policyrisk.com/state-bill/IN-SB464-2025)
- [SB 371: Workforce matters.](https://policyrisk.com/state-bill/IN-SB371-2025)
- [Indiana bills](https://policyrisk.com/states/indiana/bills)
- [Indiana state hub](https://policyrisk.com/states/indiana)
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Source: PRIA, https://policyrisk.com/state-bill/IN-SB333-2025 (as of 2026-10-17).