SB 213 Indiana Senate · 2026 Regular Session

Income tax deduction for theft loss.

Summary

Provides an income tax deduction for theft losses that result from certain financial transactions induced by third parties and that cause the individual to incur federal gross income as a result of the theft. Requires the department of state revenue to first certify the theft loss deduction before a taxpayer may claim the deduction in a taxable year.

Issues: ✗ Budget & Taxes

Bill status passed 3 of 5 stages cleared

Introduction

Jan 2026

Committee Review

Jan 2026

Senate Passage

Jan 2026

House Passage

Governor

Introduced Jan 8, 2026 Last action Jan 28, 2026

Maddy AI version diff · 2 comparisons

What changed between versions

Engrossed Senate Bill (H) → Senate Bill (S) · 3 edits

MINOR

The bill version number was updated from SB0213.2 to SB0213.1, and several dates were adjusted to reflect earlier processing steps. The most significant change is a correction in the Internal Revenue Code section referenced in the bill text, changing Section 165(h) to Section 168(h), which affects how theft losses are calculated for tax deduction purposes.

Scope change

The bill's scope remains focused on tax deductions for theft losses, but the specific Internal Revenue Code section referenced was corrected from 165(h) to 168(h).

TECHNICAL

Bill version number changed from SB0213.2 to SB0213.1, indicating a revision in the legislative process.

TIMELINE

Several dates were updated to reflect earlier processing dates, including the digest update date and reprint date.

REQUIREMENT

The Internal Revenue Code section referenced for theft loss deductions was corrected from Section 165(h) to Section 168(h), which may affect how taxpayers calculate deductible theft losses.

Floor votes · Senate Jan 26, 2026

How they voted

43–1

Passed · 4 other

Total votes 48

Jan 26, 2026

D Democratic9

7 Yea 2

77% Yea

R Republican39

36 Yea 1 Nay 2

92% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Jan 26, 2026

Upper · Passed

Third reading: passed; Roll Call 77: yeas 43, nays 1

upper

Jan 22, 2026

Upper · Passed

Amendment #1 (Holdman) prevailed; voice vote

upper

Jan 20, 2026

Upper · Passed

Committee report: amend do pass, adopted

upper

3 primary · 2 co-sponsors