Legislative record

SB 165STATE · IndianaIn Committee

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 incurred and to be incurred by the city of Hobart. Provides that the city of Hobart is not required to make any further payments to the state of Indiana in satisfaction of the loan or loans.

Voted 1/5/2026

Roll-call record

How representatives voted

0 yea·0 nay

No roll-call votes recorded for this bill yet.

Docket history

Action history

  1. 1/5/2026Authored by Senator Spencer
  2. 1/5/2026First reading: referred to Committee on Tax and Fiscal Policy