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IN HB1168
Bill
Status
1/5/2026
Primary Sponsor
Sheila Klinker
Click for details
AI Summary
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Veterans rated by the U.S. Department of Veterans Affairs as "individually unemployable" become eligible for a $14,000 property tax deduction on real property, mobile homes, or manufactured homes, beginning with the January 1, 2026 assessment date
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Surviving spouses of veterans who were rated as individually unemployable at the time of death also qualify for the deduction
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Eligibility requires at least 90 days of military service, an honorable discharge, and property with an assessed value not exceeding $240,000
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Property tax statements must include educational information about this new deduction category alongside existing veteran disability deductions
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Effective date: July 1, 2026
Legislative Description
Property tax exemption for qualified veterans.
Last Action
First reading: referred to Committee on Ways and Means
1/5/2026