Indiana HB1156 eliminates the assessed value cap for property tax deductions for veterans with disabilities.

Indiana HB1156 removes the assessed value cap for property tax deductions for veterans who have a total disability or are at least 62 years old with at least a 10% disability. The bill applies to assessment dates after December 31, 2026, and expires on July 1, 2029. The surviving spouse of a deceased veteran is also entitled to the deduction if the veteran met the requirements at the time of death.

Indiana HB1156 eliminates the assessed value cap for property tax deductions for veterans with disabilities.

Indiana HB1156 removes the assessed value cap for property tax deductions for veterans who have a total disability or are at least 62 years old with at least a 10% disability. The bill applies to assessment dates after December 31, 2026, and expires on July 1, 2029. The surviving spouse of a deceased veteran is also entitled to the deduction if the veteran met the requirements at the time of death.