It appears leaders in the Indiana House and Senate have stripped language that would have limited cities like Fishers and Carmel from enacting caps on home rentals.

John Tuohy of the Indianapolis Star updated a story late Tuesday morning about the rental cap issue, saying the legislator that placed the language in a conference committee report has agreed to remove it.  This is from reporter Tuohy’s story:

“…bill author Rep. Jim Pressel said Tuesday morning the attachment had been removed from the larger bill and had been floated only as a trial balloon.  ‘So as quickly as it went in, it came out just as quickly, yeah, but I was able to get testimony on it,’ he told IndyStar at the Statehouse. ‘So sometimes you’re testing the water just a little bit, figure out what may be good policy, what’s not so good policy, and how do you make things better?'”

The Fishers City Council unanimously approved the Fishers rental cap ordinance Monday night.

John Tuohy’s full story is available at this link.  (There appears to be no paywall on this story)