Indiana legislation · 2026 Regular Session
Indiana HB1243: Prepayment of assessment installments.
Status: In committee, January 5, 2026
Revises a provision of the municipal Barrett Law to: (1) require a municipal works board to establish a policy to permit an owner of real property in the municipality that has filed a waiver to pay the property owner's assessments in deferred installments to prepay the property owner's assessment; and (2) specify that the policy must allow such a property owner to pay the assessment in full at any time, including within the year in which the waiver is filed to pay assessments in deferred installments, while retaining the provision in current law for payment in full at any time after the expiration of the first year after the filing of the waiver.
What the bill says
A bill FOR AN ACT to amend the Indiana Code concerning local government.
From the introduced text:
A BILL FOR AN ACT to amend the Indiana Code concerning local government. SECTION 1. IC 36-9-37-14 IS AMENDED TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2026]: Sec. 14. (a) With respect to a property owner who has secured the right to pay the property owner's assessments in deferred installments by the filing of a waiver, may, the municipal works board shall establish a policy to permit an owner of real property in the municipality to prepay the property owner's assessment in full by either of the following methods: (1) At any time after the expiration of the first year after the filing, pay the entire balance of the assessment and be relieved of the lien on the property owner's property. A property owner may not pay the property owner's entire balance under this subsection unless at the same time the property owner pays all interest due at the next interest paying period. (2) At any time, including within the year of the filing, pay the entire balance of the assessment and be relieved of the lien on the property owner's property. A property owner may not 2026 IN 1243--LS 6919/DI pay the property owner's entire balance under this subsection unless at the same time the property owner pays all interest due at the next interest paying period. (b) If …
Sponsors
- Kyle Miller (D, HD-082) · primary sponsor
Latest actions
- : Authored by Representative Miller K
- : First reading: referred to Committee on Local Government
Subjects: CITIES AND TOWNS; Generally, LOCAL GOVERNMENT; Generally, TAXES; Assessments, Notices, and Penalties
Common questions
- What is HB1243?
- HB1243 is a bill in the Indiana Legislature (2026 Regular Session): Prepayment of assessment installments.
- What does HB1243 do?
- In its own words: A bill FOR AN ACT to amend the Indiana Code concerning local government.
- What is the status of HB1243?
- In committee as of January 5, 2026. Latest action: Authored by Representative Miller K (January 5, 2026).
- Who sponsored HB1243?
- Kyle Miller (D, HD-082).
- Where is the official record for HB1243?
- On the Indiana Legislature website: https://iga.in.gov/legislative/2026/bills/house/1243
Source: official Indiana record. Tracked by Delilah, AI for legislation across all 50 states and Congress.