Local taxes in certain municipalities. Requires the department of local government finance to increase the maximum permissible property tax levy for certain qualifying municipalities for property taxes first due and payable in 2025 to include all debt service levies of the qualifying municipality for property taxes first due and payable in 2025. Specifies that the adjustment is a one time and permanent increase. Changes the local income tax trust account threshold percentage of a county that contains a qualifying municipality, which is used for purposes of determining whether the county shall receive a supplemental distribution. Modifies the certified share allocation determination for a qualifying municipality. Prohibits the use of funds from the state general fund to make up certain local income tax related shortfalls.

Community corrections program. Specifies that a community corrections program is a political subdivision for purposes of: (1) the statute prohibiting legal actions by political subdivisions against the firearms industry; and (2) the tort claims act. Makes a conforming change to cross-reference the statute authorizing the establishment of community corrections programs.

Dependent child exemptions. Provides that a fetus is considered a dependent child for purposes of the dependent child state adjusted gross income exemptions.

Worker's compensation. Increases the amount of worker's compensation and worker's occupational diseases compensation benefits available under current law for injuries and disablements occurring on and after July 1, 2024, and before July 1, 2025, by: (1) 10% on and after July 1, 2025; (2) 6% on and after July 1, 2026; (3) 4% on and after July 1, 2027; (4) 4% on and after July 1, 2028; (5) 4% on and after July 1, 2029; and (6) 4% on and after July 1, 2030. (Under current law, the worker's compensation and worker's occupational diseases compensation benefits increase by 3% on and after July 1, 2025, relative to the amount for injuries and disablements occurring on and after July 1, 2024, and before July 1, 2025, and 3% on and after July 1, 2026, relative to the amount for injuries and disablements occurring on and after July 1, 2025, and before July 1, 2026.)

Annual adjustment of assessed value. Provides that the assessed value of residential real property that is used and occupied by the owner of the property as the owner's primary residence shall not be adjusted based on investment residential real property.

Medical marijuana. Establishes a medical marijuana program (program), and permits caregivers and patients who have received a physician recommendation to possess a certain quantity of marijuana for treatment of certain medical conditions. Establishes a regulatory agency to oversee the program, and creates the regulatory agency advisory committee to review the effectiveness of the program and to consider recommendations from the regulatory agency. Authorizes the regulatory agency to grant research licenses to research facilities with a physical presence in Indiana. Repeals the controlled substance excise tax and the marijuana eradication program. Makes conforming amendments.

School board matters. Requires a petition of nomination for a school board office to state one of the following: (1) The candidate's political party affiliation. (2) That the candidate is an independent candidate. (3) That the candidate elects not to disclose any affiliation with a political party or that the candidate is not affiliated with a political party and does not identify as an independent candidate. Specifies that unless a candidate who states a political party affiliation is challenged, the candidate's statement must be indicated on the ballot. Provides that the name of a candidate for school board office who does not run in affiliation with a political party or as an independent candidate must be printed with a blank space after the candidate's name signifying that the candidate elects not to disclose any affiliation with a political party or that the candidate is not affiliated with a political party and does not identify as an independent candidate. Specifies that a straight party vote does not count for any candidate for a school board office. Requires a school board vacancy to be filled by: (1) a caucus if the vacating member stated an affiliation with a major political party; and (2) the remaining members of the governing body if the vacating member did not state an affiliation with a major political party. Modifies the annual amount that the governing body of a school corporation may pay a member of the governing body from $2,000 (under current law) to an amount not to exceed 10% of the lowest starting salary of a teacher employed by the school corporation.

Teacher compensation. Amends provisions that allow school corporations to provide a supplemental payment to teachers in excess of the salary specified in the school corporation's compensation plan. Makes corresponding changes.

Coverage of orthotic and prosthetic devices. Sets forth requirements for coverage of orthotic devices and prosthetic devices by a state employee health plan, a policy of accident and sickness insurance, and a health maintenance organization contract. Requires, not later than October 1, 2026, the state personnel department, an insurer that issues a policy of accident and sickness insurance, and a health maintenance organization to submit a report to the insurance commissioner regarding the total number of claims and the total amount of claims paid for orthotic devices and prosthetic devices during the preceding plan year. Requires the insurance commissioner to: (1) aggregate the data received in the reports regarding coverage of orthotic devices and prosthetic devices; and (2) report the aggregated data, not later than December 1, 2026, to the standing committees of the house of representatives and the senate that consider insurance matters. Makes corresponding changes.

Unlawful discrimination. Repeals provisions concerning university diversity committees. Prohibits unlawful discrimination in education, public employment, and licensure. Allows participation in public contracts by a minority business enterprise, women's business enterprise, and veteran business enterprise, as currently authorized by law. Permits scholarships based on a personal characteristic of the recipient if the scholarship is not funded by state funds or resources, and permits the renewal of specified state funded minority teaching scholarships for those recipients who were initially awarded the scholarship before July 1, 2025. Changes the criteria for certain state funded teaching scholarships from minority status to residence in an underserved county and an agreement to teach in an underserved county. Prohibits requiring as a condition of licensure that a person affirm that a person with a certain personal characteristic: (1) is inherently superior or inferior to a person with a different personal characteristic; (2) should be blamed for actions committed in the past; or (3) has a moral character that is determined by a personal characteristic of the person. Prohibits a public employer from requiring training asserting that, or implementing the theory that, a person with a certain personal characteristic: (1) is inherently superior or inferior to a person with a different personal characteristic; (2) should be blamed for actions committed in the past; or (3) has a moral character that is determined by a personal characteristic of the person. Permits a person injured by a violation to bring a civil action for actual damages, court costs, and injunctive relief.

Leaves of absence for local officeholders. Allows a local officeholder to take a leave of absence from office when the local officeholder: (1) is caring for a child after the birth of the child or placement of the child with the local officeholder for adoption or foster care; (2) is caring for a spouse, child, or parent who has a serious health condition; (3) has a serious health condition and is unable to perform the duties of the office; (4) is called into active duty in the armed forces of the United States or national guard; and (5) is eligible for qualifying exigency leave arising out of the fact that the local officeholder's spouse, child, or parent is ordered into active duty in the armed forces of the United States or national guard. Sets forth notice requirements. Provides that the local officeholder's office must be filled by a temporary appointment in the same manner as a vacancy created by a resignation is filled. Makes corresponding changes.

Biofuel tax credits. Provides tax credits for: (1) the sale of higher ethanol blend; and (2) the: (A) sale of blended biodiesel or renewable diesel; and (B) blending of biodiesel or renewable diesel. Specifies the amount of the tax credit for higher ethanol blend. Limits the total amount of higher ethanol blend tax credits that may be awarded in a state fiscal year to $10,000. Specifies the amount of the tax credit for blended biodiesel or renewable diesel. Limits the total amount of blended biodiesel or renewable diesel tax credits that may be awarded in a state fiscal year to $10,000.

Health care facility employees. Provides an exception to one of the disqualifying conditions for a nurse aide or other unlicensed employee.

Information and disclosures concerning radon. Establishes that, before signing a purchase agreement to sell or transfer residential property, an individual or entity issued a broker's real estate license by the Indiana real estate commission representing a seller shall ensure that the seller: (1) provides a radon warning statement to the buyer; (2) discloses in writing to the buyer any knowledge the seller has of radon concentrations in the dwelling; and (3) provides the buyer with a guide on radon, testing, and mitigation published by the Indiana department of health.

State educational institutions. Makes certain changes to state educational institution (institution) policies that involve: (1) disciplinary actions; (2) tenure review or promotion; and (3) student reports. Removes a prohibition on the award of admission, enrollment, employment, benefits, hiring, reappointment, promotion, or tenure on the basis of a viewpoint expressed in a pledge or statement. Repeals the following: (1) A provision concerning an employee or group of employees establishing an official institution, school, college, or department position on certain issues. (2) A provision concerning an institution's duty to report certain information to the commission for higher education (commission). (3) A provision concerning the commission's duty to report certain information to the budget committee (committee). Changes certain procedures regarding the appeal of a student report. Removes a requirement that an institution submit certain data concerning diversity, equity, and inclusion to the committee.