· IN legislature · 2026

Hobart counter-cyclical fund loan.

Cancels a 2023 loan or loans from the state of Indiana from the counter-cyclical revenue and economic stabilization fund for the purpose of providing funds to be applied to refunding certain bonds of the city of Hobart and the city of Hobart redevelopment district and offsetting property tax revenue shortfalls incur…

Sponsor

Mark Spencer (D-IN)

Introduced

2026-01-05

Policy area

Economics and Public Finance

Latest action

First reading: referred to Committee on Tax and Fiscal Policy