IN HB1023

Restores the property tax deduction of $18,720 for surviving spouses of World War I veterans, reversing a limitation imposed by SEA 1-2025 that would have ended the deduction for assessment dates after January 1, 2025

Surviving spouses who received the deduction for the January 1, 2024, assessment date are not required to reapply; county auditors must automatically apply the deduction for the January 1, 2025, assessment date

Qualifying veterans must have served in U.S. military or naval forces before November 12, 1918, and received an honorable discharge

The deduction applies to real property, mobile homes, or manufactured homes owned by the surviving spouse or purchased under a recorded contract

Effective retroactively to January 1, 2025, with an emergency declaration for immediate implementation