---
type: "Bill"
title: "Business personal property tax exemption."
description: "Increases, from $40,000 to $80,000, the acquisition cost threshold for the business personal property tax exemption. Makes a technical correction."
jurisdiction: "us/states/in"
legislature: "Indiana General Assembly"
session: "2021"
identifier: "SB 336"
citation: "Indiana SB 336 (2021)"
classification: ["bill"]
subjects: ["PROPERTY TAXES", "Abatements and Exemptions", "PROPERTY TAXES", "Assessments", "Notices", "and Penalties"]
status: "enacted"
primary_sponsors: ["Aaron Freeman", "Michael Young", "Mike Speedy"]
version_count: 4
action_count: 37
vote_count: 1
first_action: "2021-01-11"
last_action: "2021-04-29"
source: "openstates"
source_identifier: "ocd-bill/8d18c3fc-f90b-4e42-8bc0-143548f64399"
source_url: "http://iga.in.gov/legislative/2021/bills/senate/336"
source_hash: "f2c9e910a0a7fb57a597c2badf2512e9ffa842cef97eb27d0d38e43275952ede"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-in"]
---

# Indiana SB 336 (2021) — Business personal property tax exemption.

Increases, from $40,000 to $80,000, the acquisition cost threshold for the business personal property tax exemption. Makes a technical correction.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Enrolled Senate Bill (S)** (committee substitute) — [source](http://in-proxy.openstates.org/2021/bills/SB0336/versions/SB0336.04.ENRH)
2. **Introduced Senate Bill (S)** (committee substitute) — [source](http://in-proxy.openstates.org/2021/bills/SB0336/versions/SB0336.01.INTR)
3. **Senate Bill (H)** (committee substitute) — [source](http://in-proxy.openstates.org/2021/bills/SB0336/versions/SB0336.03.COMH)
4. **Senate Bill (S)** (committee substitute) — [source](http://in-proxy.openstates.org/2021/bills/SB0336/versions/SB0336.02.COMS)

## Votes

- SB 336 - Speedy - 3rd Reading — **68–21** (pass) · lower

## Sponsors

- Aaron Freeman — primary (person)
- Michael Young — primary (person)
- Mike Speedy — primary (person)
- Blake Doriot — coauthor (person)
- Chris Judy — cosponsor (person)
- Eric Koch — coauthor (person)
- Lonnie Randolph — coauthor (person)
- Robert Cherry — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2021-01-11** Authored by Senator Freeman
- **2021-01-11** First reading: referred to Committee on Tax and Fiscal Policy `reading-1, referral-committee`
- **2021-01-28** Committee report: amend do pass, adopted `committee-passage`
- **2021-02-01** Second reading: ordered engrossed `reading-2`
- **2021-02-02** Third reading: passed; Roll Call 58: yeas 37, nays 8 `passage, reading-3`
- **2021-02-02** House sponsor: Representative Speedy
- **2021-02-02** Senator Young M added as second author
- **2021-02-04** Senator Randolph added as coauthor
- **2021-02-05** Referred to the House
- **2021-03-02** First reading: referred to Committee on Ways and Means `reading-1, referral-committee`
- **2021-03-25** Committee report: amend do pass, adopted `committee-passage`
- **2021-03-29** Amendment #1 (Porter) failed; Roll Call 310: yeas 22, nays 67 `amendment-failure`
- **2021-03-29** Second reading: ordered engrossed `reading-2`
- **2021-03-30** Representatives Cherry and Judy added as cosponsors
- **2021-04-01** Third reading: passed; Roll Call 341: yeas 68, nays 21 `passage, reading-3`
- **2021-04-01** Returned to the Senate with amendments `amendment-failure`
- **2021-04-06** Motion to dissent filed
- **2021-04-06** Senate dissented from House amendments `amendment-failure`
- **2021-04-08** Senate conferees appointed: Freeman and Randolph Lonnie M
- **2021-04-08** Senate advisors appointed: Young M and Lanane
- **2021-04-08** House conferees appointed: Speedy and Porter
- **2021-04-08** House advisors appointed: Cherry, Karickhoff and Pryor
- **2021-04-15** Senator Randolph Lonnie M removed as conferee
- **2021-04-15** Senator Baldwin added as conferee
- **2021-04-19** Representative Cherry removed as advisor
- **2021-04-19** Representative Porter removed as conferee
- **2021-04-19** Representative Cherry added as conferee
- **2021-04-20** CCR # 1 filed in the Senate
- **2021-04-20** CCR # 1 filed in the House
- **2021-04-21** Rules Suspended. Conference Committee Report 1: adopted by the House; Roll Call 478: yeas 68, nays 19
- **2021-04-21** Conference Committee Report 1: adopted by the Senate; Roll Call 470: yeas 38, nays 11
- **2021-04-21** Senators Doriot and Koch added as coauthors
- **2021-04-23** Signed by the President Pro Tempore
- **2021-04-28** Signed by the President of the Senate
- **2021-04-28** Signed by the Speaker
- **2021-04-29** Public Law 153
- **2021-04-29** Signed by the Governor `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/8d18c3fc-f90b-4e42-8bc0-143548f64399`. Confidence: reported (aggregated from official Indiana legislature records).