Indiana HB1168 provides a property tax exemption for qualified veterans and their surviving spouses.

Indiana HB1168 amends the Indiana Code to offer a property tax deduction for veterans and their surviving spouses. The deduction applies to real property, mobile homes, and manufactured homes. To qualify, the veteran must have served in the military for at least 90 days and meet specific disability criteria. The deduction amount varies based on the assessment date, ranging from $14,000 to $240,000. The surviving spouse can claim the deduction if the veteran met the criteria at the time of their death.

Indiana HB1168 provides a property tax exemption for qualified veterans and their surviving spouses.

Indiana HB1168 amends the Indiana Code to offer a property tax deduction for veterans and their surviving spouses. The deduction applies to real property, mobile homes, and manufactured homes. To qualify, the veteran must have served in the military for at least 90 days and meet specific disability criteria. The deduction amount varies based on the assessment date, ranging from $14,000 to $240,000. The surviving spouse can claim the deduction if the veteran met the criteria at the time of their death.