Topics:
August 5, 2022 Last Edit: June 5, 2025
Under the deal, taxpayers will receive one-time refunds of $200
House, Senate Reach Agreement On Hoosier Taxpayer Refund
After several days of debate, the Indiana House and Senate on Thursday finally came to terms on how to distribute over $1 billion in surplus funds and spend additional millions on social service programs.
The House passed an amendment to Senate Bill 2 that includes a $200 inflation relief payment to qualifying Hoosiers, $1 billion in pension stabilization funding, funding for social services, and a cap on the state’s fuel tax. The Senate then passed the amended version of SB 2.
Gov. Eric Holcomb had originally pushed for a $225 tax refund but tweeted he was pleased that the House and Senate had reached an agreement.
I am extremely pleased to see the House advance Senate Bill 2 that includes returning a billion dollars back to Hoosier taxpayers in the form of an automatic taxpayer refund. (1/4)
— Governor Eric Holcomb (@GovHolcomb) August 4, 2022
Holcomb called the special session in June to address inflation relief. To track the latest updates, please visit the Indiana General Assembly’s website.
State:
Get to know NFIB
NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.
Related Articles
Related
June 12, 2026
IDEM Seeks Small Business Input on Professional Licensing Regulations
Submit a comment to the Indiana Dept. of Environmental Management
Read More
Related
June 11, 2026
NFIB Members Bring Small Business Agenda Directly to Washington Policymakers
Small business owners met with Administration and Congressional leaders during 2026 NFIB Fly-In
Read More
Related
June 10, 2026
NFIB Indiana State Director Reacts to May’s Small Business Optimism Index
Main Street pulls back on hiring.
Read More
Related
June 10, 2026
Arizona Small Businesses Back Tax Conformity Deal
Bipartisan budget agreement delivers needed tax certainty to Main Street Arizonans.
Read More