# Indiana SB 451: Income tax rate.

Indiana SB 451, Income tax rate., is a First Regular Session 124th General Assembly (2025) Senate bill sponsored by Travis Holdman (Republican); status signed, last action 2025-04-16 (Public Law 80); PRIA reads it as touching household money (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/IN-SB451-2025
- 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 451
- State: Indiana
- Session: First Regular Session 124th General Assembly (2025)
- Title: Income tax rate.
- Status: signed
- Chamber: Senate
- Introduced: 2025-01-13
- Last action: 2025-04-16, Public Law 80
- Sponsor: Travis Holdman (Republican)
- Cosponsors: 12
- Subjects: tax and fiscal policy, the house, ways and means
- Touches household money: yes
- Roll calls: 3 (171 yes, 18 no in all)
- Economic provisions PRIA read: 1

## Summary

Provides for a decrease in the individual adjusted gross income tax rate beginning in 2030 depending on certain conditions being met.

## Bill overview: provisions PRIA read

- Lower income taxes for Indiana households: benefit, medium. Indiana’s individual income tax rate is 3% for tax years starting in 2025, 2.95% in 2026, and 2.9% in 2027–2029. These rates cover residents and nonresidents with Indiana-source income. For 2030–2043, further cuts of 0.05 percentage point depend on state revenue growth. Actual collections must grow…

## Sponsors and cosponsors

- Sponsor: Travis Holdman (Republican), Senate
- Cosponsor: Brian Buchanan (Republican), Senate
- Cosponsor: Chris Garten (Republican), Senate
- Cosponsor: Craig Snow (Republican), House
- Cosponsor: Jeffrey Thompson (Republican), House
- Cosponsor: Kyle Walker (Republican), Senate
- Cosponsor: Linda Rogers (Republican), Senate
- Cosponsor: Lonnie Randolph (Democratic), Senate
- Cosponsor: Matt Lehman (Republican), House
- Cosponsor: Mike Gaskill (Republican), Senate
- Cosponsor: Scott Baldwin (Republican), Senate
- Cosponsor: Timothy O'Brien (Republican), House
- Cosponsor: Tyler Johnson (Republican), Senate

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2025-04-07 | Senate | Senate concurred with House amendments | pass | 48 | 0 |   |
| 2025-04-01 | House | Third reading: passed | pass | 74 | 18 |   |
| 2025-01-28 | Senate | Third reading: passed | pass | 49 | 0 |   |

## Actions (27)

- 2025-04-16: Public Law 80 (Senate)
- 2025-04-16: Signed by the Governor (Senate)
- 2025-04-09: Signed by the President of the Senate (Senate)
- 2025-04-08: Signed by the President Pro Tempore (Senate)
- 2025-04-08: Signed by the Speaker (House)
- 2025-04-07: Senate concurred with House amendments; Roll Call 354: yeas 48, nays 0 (Senate)
- 2025-04-04: Motion to concur filed (Senate)
- 2025-04-02: Returned to the Senate with amendments (House)
- 2025-04-01: Third reading: passed; Roll Call 347: yeas 74, nays 18 (House)
- 2025-03-31: Amendment #1 (Porter) failed; voice vote (House)
- 2025-03-31: Amendment #2 (Porter) failed; voice vote (House)
- 2025-03-31: Second reading: ordered engrossed (House)
- 2025-03-27: Committee report: amend do pass, adopted (House)
- 2025-03-13: Representative O'Brien added as cosponsor (House)
- 2025-03-03: First reading: referred to Committee on Ways and Means (House)
- 2025-01-29: Referred to the House (Senate)
- 2025-01-28: Senator Buchanan added as coauthor (Senate)
- 2025-01-28: Third reading: passed; Roll Call 33: yeas 49, nays 0 (Senate)
- 2025-01-28: House sponsor: Representative Thompson (Senate)
- 2025-01-28: Cosponsors: Representatives Snow and Lehman (Senate)
- 2025-01-23: Senator Randolph added as coauthor (Senate)
- 2025-01-23: Senator Baldwin added as second author (Senate)
- 2025-01-23: Second reading: ordered engrossed (Senate)
- 2025-01-23: Senators Rogers, Johnson T, Gaskill, Walker K, Garten added as coauthors (Senate)
- 2025-01-21: Committee report: amend do pass, adopted (Senate)
- 2025-01-13: Authored by Senator Holdman (Senate)
- 2025-01-13: First reading: referred to Committee on Tax and Fiscal Policy (Senate)

## Bill text

- Enrolled Senate Bill (S): [PDF](https://api.iga.in.gov/2025/bills/SB0451/versions/SB0451.04.ENRH?format=pdf)
- Introduced Senate Bill (S): [PDF](https://api.iga.in.gov/2025/bills/SB0451/versions/SB0451.01.INTR?format=pdf)
- Senate Bill (H): [PDF](https://api.iga.in.gov/2025/bills/SB0451/versions/SB0451.02.COMS?format=pdf)
- Senate Bill (S): [PDF](https://api.iga.in.gov/2025/bills/SB0451/versions/SB0451.03.COMH?format=pdf)

## Related bills

- SB 231: Various corrections matters. (signed)
- SB 324: Criminal procedures. (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
- [Enrolled Senate Bill (S) (PDF)](https://api.iga.in.gov/2025/bills/SB0451/versions/SB0451.04.ENRH?format=pdf)
- [Introduced Senate Bill (S) (PDF)](https://api.iga.in.gov/2025/bills/SB0451/versions/SB0451.01.INTR?format=pdf)
- [Senate Bill (H) (PDF)](https://api.iga.in.gov/2025/bills/SB0451/versions/SB0451.02.COMS?format=pdf)
- [Senate Bill (S) (PDF)](https://api.iga.in.gov/2025/bills/SB0451/versions/SB0451.03.COMH?format=pdf)

## Related
- [SB 231: Various corrections matters.](https://policyrisk.com/state-bill/IN-SB231-2025)
- [SB 324: Criminal procedures.](https://policyrisk.com/state-bill/IN-SB324-2025)
- [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)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/IN-SB451-2025 (as of 2026-10-17).