# Indiana SJ 3: Constitutional amendment on circuit breaker credit.

Indiana SJ 3, Constitutional amendment on circuit breaker credit., is a Second Regular Session 124th General Assembly (2026) Senate bill sponsored by James Buck (Republican); status failed, last action 2025-12-08 (First reading: referred to Committee on Tax and Fiscal Policy) (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/IN-SJ3-2026
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Indiana SJ 3
- State: Indiana
- Session: Second Regular Session 124th General Assembly (2026)
- Title: Constitutional amendment on circuit breaker credit.
- Status: failed
- Chamber: Senate
- Introduced: 2025-12-08
- Last action: 2025-12-08, First reading: referred to Committee on Tax and Fiscal Policy
- Sponsor: James Buck (Republican)
- Cosponsors: 0
- Subjects: tax and fiscal policy
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

Amends the Indiana Constitution to permit the general assembly to enact provisions to allow units of local government to reduce the homestead property tax cap that is applied to the unit of local government's property tax levy within its taxing jurisdiction. Eliminates obsolete provisions. This proposed amendment has not been previously agreed to by a general assembly.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: James Buck (Republican), Senate

## Actions (2)

- 2025-12-08: First reading: referred to Committee on Tax and Fiscal Policy (Senate)
- 2025-12-08: Authored by Senator Buck (Senate)

## Bill text

- Introduced Senate Resolution (S): [PDF](https://api.iga.in.gov/2026/bills/SJ0003/versions/SJ0003.01.INTR?format=pdf)

## Related bills

- SB 239: Various education matters. (signed)
- SB 204: Various education matters. (signed)
- SB 179: Indiana department of transportation. (signed)
- SB 185: Alcohol and tobacco matters. (signed)
- SB 80: Code publication. (signed)
- HB 1424: Farm and homestead food sales. (signed)

## Sources
- [Introduced Senate Resolution (S) (PDF)](https://api.iga.in.gov/2026/bills/SJ0003/versions/SJ0003.01.INTR?format=pdf)

## Related
- [SB 239: Various education matters.](https://policyrisk.com/state-bill/IN-SB239-2026)
- [SB 204: Various education matters.](https://policyrisk.com/state-bill/IN-SB204-2026)
- [SB 179: Indiana department of transportation.](https://policyrisk.com/state-bill/IN-SB179-2026)
- [SB 185: Alcohol and tobacco matters.](https://policyrisk.com/state-bill/IN-SB185-2026)
- [SB 80: Code publication.](https://policyrisk.com/state-bill/IN-SB80-2026)
- [HB 1424: Farm and homestead food sales.](https://policyrisk.com/state-bill/IN-HB1424-2026)
- [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-SJ3-2026 (as of 2026-11-01).