Senate Bill

SB 213

Income tax deduction for theft loss.

In plain English

Provides an Indiana income tax deduction for theft losses that come from certain financial transactions a third party induced and that cause the person to have federal gross income. Requires the department of state revenue to certify the theft loss deduction before a taxpayer can claim it in a taxable year.

Written by AI from the official digest below, and checked only by automated rules. If they differ, the official digest and bill text control.

Official digest

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.

Latest action: First reading: referred to Committee on Ways and Means, January 28, 2026Full text and history at iga.in.gov

Authors and sponsors

Travis Holdman, Fady Qaddoura, Jeff Thompson

Co-authors and co-sponsors: Lonnie Randolph, Craig Snow

Roll-call votes

1 recorded vote, oldest first. Third-reading votes decide whether a bill passes a chamber; amendment votes and procedural motions are listed too.

Senate · Jan 26, 2026

Third reading: vote to pass

Roll call text: SB 213 - Holdman - 3rd Reading

Passed

43 yes1 no5 did not vote

Republicans: 36 yes, 1 no, 2 did not voteDemocrats: 7 yes, 0 no, 3 did not vote

How each member voted

Source: Open States, compiled from the Indiana General Assembly's official roll calls. The official record at iga.in.gov controls. Spot an error? Let us know.