Loading chat...

IN HB1156

Bill

Official Source

Status

Introduced

1/5/2026

Primary Sponsor

Heath VanNatter

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Eliminates the $240,000 assessed value cap on property tax deductions for veterans with total disability or veterans age 62+ with at least 10% disability
  • Maintains the existing $14,000 deduction from assessed value for qualifying veterans and surviving spouses
  • Removes provisions that previously protected existing deduction recipients from losing eligibility due to assessed value increases
  • Applies to assessment dates after December 31, 2026, with an effective date of January 1, 2027
  • Amends IC 6-1.1-12-14; introduced by Representative VanNatter and referred to House Ways and Means Committee

Legislative Description

Veterans property tax deduction.

Last Action

First reading: referred to Committee on Ways and Means

1/5/2026

Committee Referrals

Ways and Means1/5/2026

Full Bill Text

No bill text available