Quantum research tax incentives. Amends the state sales and use tax exemption for data centers to include projects for investments in a quantum computing research, advanced computing, and defense infrastructure network that result in a minimum qualified investment within five years of at least $50,000,000.

Pharmacy benefit managers. Prohibits a pharmacy benefit manager from taking certain actions. Requires a pharmacy benefit manager to submit a report to the insurance commissioner every six months. (Current law requires a pharmacy benefit manager to submit the report annually.) Provides that if a contract holder requests an audit of compliance with the contract from a pharmacy benefit manager, the pharmacy benefit manager must provide the audit requested to the contract holder not later than 30 business days after receiving the request. Removes the provision specifying that the files or forms disclosed to the contract holder by the pharmacy benefit manager as part of an audit of compliance with the contract may be modified to redact trade secrets. Establishes civil penalties that the department of insurance (department) shall impose for a violation of the provisions concerning pharmacy benefit managers. Requires a pharmacy benefit manager to provide additional information in the pharmacy benefit manager's report to the department. Requires, after June 30, 2025, a health payer to include information relating to prescription drug pricing in the data submitted to the all payer claims data base by the health payer. Requires a health plan to credit toward a covered individual's deductible and annual maximum out-of-pocket expenses any amount the covered individual pays directly to any health care provider for a medically necessary covered health care service if a claim for the health care service is not submitted to the health plan and the amount paid by the covered individual to the health care provider is less than the average discounted rate for the health care service paid to a health care provider in the health plan's network.

Credit for automobile loan interest expenses. Provides a nonrefundable state income tax credit to an individual for interest paid on an outstanding loan or lease agreement for a personal motor vehicle during a taxable year.

State payment of municipal police training. Requires the law enforcement training board to pay the cost of an individual's basic training (Tier 1) course, if the individual has been hired by a city or town police department. Requires an individual to reimburse the law enforcement training board for the cost of the basic training course if the individual voluntarily resigns from the police department less than five years after being certified as a law enforcement officer.

Various food matters. Provides that a recipient may appeal to the legislative body an enforcement action issued or taken by a local health officer under IC 16-20-1 in response to a food establishment inspection. Adds provisions concerning limited meat product sales. Prohibits a grocery store from selling, offering for sale, or distributing an alternative meat product misbranded as a meat product. Requires a food manufacturer to label alternative meat products as "THIS IS AN IMITATION MEAT PRODUCT".

Referenda on prekindergarten funding levies. Allows a county government, in each even-numbered calendar year, to impose a prekindergarten education referendum tax levy for children three and four years of age to be implemented under the guidance of an Indiana United Way entity or the early learning advisory committee, which may distribute the funds to entities that operate preschool facilities such as county governments, charter schools, private schools, churches, and other existing nonprofit preschool centers. Establishes the prekindergarten education referendum tax levy fund.

Sale of venison. Permits a person to sell venison from a deer taken in Indiana if certain requirements are met.

Juvenile court matters. Provides that, when a petition is filed for the appointment of a guardian for two or more minors or incapacitated persons who are children of a common parent, parent and child, or husband and wife, a separate petition must be filed for each minor or incapacitated person. Provides that when a separate petition is required in certain cases, the court may only charge one filing fee for the proceeding. Requires a petition for adoption to include information about the juvenile court if the child is the subject of an open or pending child in need of services (CHINS), termination of parental rights (TPR), or juvenile delinquency proceeding. Provides that the department of child services (department) shall file a notice with the juvenile court in which the open or pending CHINS or TPR proceeding was filed. Requires the department to file a report each year with the legislative council, the office of judicial administration, and the public defender council.

Building and public works matters. Requires a proposed rule with implementation and compliance costs of at least $1,000,000 for businesses, units, and individuals over any two year period to be authorized by legislation passed by the general assembly. Requires the state to give political subdivisions that enact certain land use policies first priority in receiving housing and housing infrastructure grants and loans. Provides that a public agency awarding a contract for a construction manager as constructor project may not take certain actions based on a bidder's, offeror's, or contractor's entering into, refusing to enter into, adhering to, or refusing to adhere to an agreement with a labor organization. Prohibits a political subdivision or agency of a political subdivision from imposing a requirement inconsistent with, in addition to, or more stringent or restrictive than the requirements of the public works statute.

Residential property assessment. Eliminates elections for the office of county assessor and township assessor after 2026 and phases out the offices of county assessor and township assessor as the terms of those elected to the offices expire. Transfers the duties of the assessor to the county auditor at the expiration of each assessor's term. Requires the department of local government finance (DLGF) to develop an automated valuation model system (AVM system) to be used by the DLGF to annually run all qualifying residential property through the AVM system and provide the values determined to the county auditor. Requires county auditors to use the values to determine the fair market value of qualified residential property. Defines "qualified residential property". Specifies the elements and functionality that must be included in the AVM system. Requires the DLGF to start running all qualifying residential property through an AVM system beginning with the first assessment date that an AVM system is operational for use, but not later than the 2031 assessment date. Eliminates qualified residential property from cyclical reassessments and annual adjustments (or "trending") and ratio studies. Allows taxpayers to elect to receive notices of assessment (Form 11) by electronic mail. Makes corresponding changes.

Social service provider tax credit. Allows a qualified taxpayer to claim a credit against the taxpayer's state tax liability for designated contributions to qualified nonprofit organizations that provide: (1) comprehensive case management services for at-risk families; (2) family support services; (3) in-school programs, community based events, or online resources to assist fathers in learning and improving parenting skills; or (4) programs that provide mutual support systems among mothers in raising children or information for mothers to enhance child development.

Local option sales taxes. Allows counties, cities, and towns to adopt a local sales tax applicable to tangible personal property delivered (not by common carrier) within the geographic boundaries of the political subdivision. Provides that the local option sales tax revenue may be used for infrastructure improvements. Provides that the department of state revenue shall maintain several data bases of local sales tax data associated with the local option sales tax, in accordance with the requirements of the Streamlined Sales and Use Tax Agreement. Adds the local option sales tax to the list of local taxes that may be captured by the state in the case of a local unit failing to make timely debt payments and sources of revenue that may be used by the local unit to make debt service payments.

Richmond food and beverage tax. Authorizes the city of Richmond to impose a food and beverage tax.

Tax credit for teacher professional development. Provides a tax credit against the state adjusted gross income tax liability of a teacher for amounts expended for professional development.

Stillbirths. Amends the definition of "stillbirth" to mean a birth after 12 weeks of gestation that is not a live birth, or if the gender of the child can be visually determined, a birth after 10 weeks of gestation that is not a live birth.