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Mayors and realtors clash over local rental caps as legislature weighs statewide preemption
Summary
Testimony split sharply over a House amendment in HB 12-10 that would preempt local ordinances capping single-family rental units. Fishers and Carmel mayors urged preserving local authority; the Indiana Association of Realtors and other housing stakeholders urged preemption to protect private-property rights and housing supply.
Lawmakers heard heated testimony on proposed statewide limits to local rental-cap ordinances after witnesses described sharply different local experiences.
Mayor Scott Fadness of Fishers urged the committee to reject an amendment that would prevent local governments from limiting the share of single-family homes used as rentals. Fadness described two months of public engagement that produced a unanimous city-council ordinance capping rentals at 10% per neighborhood, a registration regime and exemptions for owners temporarily away for work. He told the panel that investor-owned homes in Fishers are “65% more likely to have code enforcement violations” and that a…
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