Indiana House Bill 1162

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 8 2025 - 25% progression
Action: 2025-01-08 - First reading: referred to Committee on Judiciary
Pending: House Judiciary Committee
Text: Latest bill text (Introduced) [PDF]

Rental rate increase control. Prohibits a landlord from increasing the gross rental rate for certain rental units more than the lesser of: (1) 5%, plus the percentage cost of living increase; or (2) 10%; of the lowest gross rental rate charged for the rental unit during the 12 months prior to the effective date of the increase. Prohibits a landlord from increasing the gross rental rate in more than two increments over a 12 month period. Requires the legislative services agency to submit a report to the general assembly not later than July 1, 2030, analyzing the impact of the rental rate cap on the housing market in Indiana.

Rental rate increase control.

Rep. Robin Shackleford [D]

Date	Chamber	Action
2025-01-08	House	First reading: referred to Committee on Judiciary
2025-01-08	House	Authored by Representative Shackleford

Type	Source
Summary	https://iga.in.gov/legislative/2025/bills/house/1162/details
Text	https://iga.in.gov/pdf-documents/124/2025/house/bills/HB1162/HB1162.01.INTR.pdf
Supplement	https://iga.in.gov/pdf-documents/124/2025/house/bills/HB1162/fiscal-notes/HB1162.01.INTR.FN001.pdf