# Indiana SB 497: Tax credit for newborn children.

Indiana SB 497, Tax credit for newborn children., is a First Regular Session 124th General Assembly (2025) Senate bill sponsored by Greg Walker (Republican); status failed, last action 2025-03-03 (First reading: referred to Committee on Ways and Means); PRIA reads it as touching household money (as of 2026-10-19).

- Canonical: https://policyrisk.com/state-bill/IN-SB497-2025
- As of: 2026-10-19
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Indiana SB 497
- State: Indiana
- Session: First Regular Session 124th General Assembly (2025)
- Title: Tax credit for newborn children.
- Status: failed
- Chamber: Senate
- Introduced: 2025-01-14
- Last action: 2025-03-03, First reading: referred to Committee on Ways and Means
- Sponsor: Greg Walker (Republican)
- Cosponsors: 18
- Subjects: tax and fiscal policy, the house, ways and means
- Touches household money: yes
- Roll calls: 1 (47 yes, 0 no in all)
- Economic provisions PRIA read: 0

## Summary

Establishes a tax credit for newborn children, which an eligible taxpayer may claim only in the first taxable year in which a particular newborn child is eligible for the exemption allowed under specified provisions of the Internal Revenue Code. Defines "eligible taxpayer". Provides that the amount of the credit is $500 per newborn child, or $250 per eligible newborn child in the case of a married individual filing a separate return. Prorates the credit in the case of a resident taxpayer residing in Indiana for a period of less than the taxpayer's entire taxable year. Limits the total amount of credits that may be awarded in a calendar year to $10,000. Provides for the expiration of the credit.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Greg Walker (Republican), Senate
- Cosponsor: Andrea Hunley (Democratic), Senate
- Cosponsor: Blake Doriot (Republican), Senate
- Cosponsor: David Niezgodski (Democratic), Senate
- Cosponsor: Edward Clere (Republican), House
- Cosponsor: Fady Qaddoura (Democratic), Senate
- Cosponsor: Linda Rogers (Republican), Senate
- Cosponsor: Lonnie Randolph (Democratic), Senate
- Cosponsor: Lori Goss-Reaves (Republican), House
- Cosponsor: Rick Niemeyer (Republican), Senate
- Cosponsor: Robert Heaton (Republican), House
- Cosponsor: Rodney Pol (Democratic), Senate
- Cosponsor: Ron Alting (Republican), Senate
- Cosponsor: Ryan Lauer (Republican), House
- Cosponsor: Shelli Yoder (Democratic), Senate
- Cosponsor: Spencer Deery (Republican), Senate
- Cosponsor: Stacey Donato (Republican), Senate
- Cosponsor: Travis Holdman (Republican), Senate
- Cosponsor: Tyler Johnson (Republican), Senate

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2025-02-20 | Senate | Third reading: passed | pass | 47 | 0 |   |

## Actions (22)

- 2025-03-03: First reading: referred to Committee on Ways and Means (House)
- 2025-02-21: Referred to the House (Senate)
- 2025-02-20: Cosponsors: Representatives Clere, Heaton, Lauer (Senate)
- 2025-02-20: House sponsor: Representative Goss-Reaves (Senate)
- 2025-02-20: Third reading: passed; Roll Call 207: yeas 47, nays 0 (Senate)
- 2025-02-17: Senator Pol added as third author (Senate)
- 2025-02-17: Senator Doriot added as coauthor (Senate)
- 2025-02-17: Senator Deery added as coauthor (Senate)
- 2025-02-17: Senator Yoder added as coauthor (Senate)
- 2025-02-17: Senator Pol removed as coauthor (Senate)
- 2025-02-13: Senator Alting added as coauthor (Senate)
- 2025-02-13: Second reading: ordered engrossed (Senate)
- 2025-02-13: Senator Pol added as coauthor (Senate)
- 2025-02-11: Committee report: amend do pass, adopted (Senate)
- 2025-02-11: Senator Randolph added as coauthor (Senate)
- 2025-02-11: Senator Hunley added as coauthor (Senate)
- 2025-02-06: Senators Holdman, Johnson T, Rogers, Qaddoura added as coauthors (Senate)
- 2025-02-06: Senator Niemeyer added as coauthor (Senate)
- 2025-02-06: Senator Niezgodski added as coauthor (Senate)
- 2025-01-16: Senator Donato added as second author (Senate)
- 2025-01-14: Authored by Senator Walker G (Senate)
- 2025-01-14: First reading: referred to Committee on Tax and Fiscal Policy (Senate)

## Bill text

- Introduced Senate Bill (S): [PDF](https://api.iga.in.gov/2025/bills/SB0497/versions/SB0497.01.INTR?format=pdf)
- Senate Bill (H): [PDF](https://api.iga.in.gov/2025/bills/SB0497/versions/SB0497.02.COMS?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
- [Introduced Senate Bill (S) (PDF)](https://api.iga.in.gov/2025/bills/SB0497/versions/SB0497.01.INTR?format=pdf)
- [Senate Bill (H) (PDF)](https://api.iga.in.gov/2025/bills/SB0497/versions/SB0497.02.COMS?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-SB497-2025 (as of 2026-10-19).