summary
Introduced
01/08/2024
01/08/2024
In Committee
01/08/2024
01/08/2024
Crossed Over
Passed
Dead
03/15/2024
03/15/2024
Introduced Session
2024 Regular Session
Bill Summary
Property tax exemption for qualified veterans. Provides a property tax deduction for an individual or surviving spouse of a veteran who has been rated by the United States Department of Veterans Affairs as individually unemployable.
AI Summary
This bill amends existing property tax law to provide a property tax deduction for individuals or surviving spouses of veterans who have been rated by the United States Department of Veterans Affairs as "individually unemployable." The deduction, which was previously only available to disabled veterans or veterans aged 62 or older with a disability of at least 10%, is now extended to this new category of veterans. The bill also clarifies certain provisions related to the assessed value limit for claiming the deduction.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
First reading: referred to Committee on Ways and Means (on 01/08/2024)
Bill Topics
Community Development and Housing Issues
- ‐ Housing Assistance for Veterans
Defense
- ‐ Veterans Affairs
Macroeconomics
- ‐ Taxation, Tax Policy, and Tax Reform
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://iga.in.gov/legislative/2024/bills/house/1038/details | 12/22/2023 |
| Fiscal Note #1: Introduced | https://iga.in.gov/pdf-documents/123/2024/house/bills/HB1038/fiscal-notes/HB1038.01.INTR.FN001.pdf | 02/01/2024 |
| BillText | https://iga.in.gov/pdf-documents/123/2024/house/bills/HB1038/HB1038.01.INTR.pdf | 12/22/2023 |
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