Indiana SB0163 amends property tax laws, extending the county option circuit breaker tax credit and removing assessed value caps for certain.

Indiana SB0163 amends various property tax laws, including the county option circuit breaker tax credit, which is extended beyond its original expiration date of January 1, 2028. The bill also removes assessed value caps for property tax deductions for veterans who are either totally disabled or at least 62 years old with at least a 10% disability. Additionally, it establishes a county option first-time homebuyer's circuit breaker tax credit for individuals who have not owned a home before.

Indiana SB0163 amends property tax laws, extending the county option circuit breaker tax credit and removing assessed value caps for certain.

Indiana SB0163 amends various property tax laws, including the county option circuit breaker tax credit, which is extended beyond its original expiration date of January 1, 2028. The bill also removes assessed value caps for property tax deductions for veterans who are either totally disabled or at least 62 years old with at least a 10% disability. Additionally, it establishes a county option first-time homebuyer's circuit breaker tax credit for individuals who have not owned a home before.