SB0068: A BILL FOR AN ACT to amend the Indiana Code concerning taxation.
Page last updated: Sunday, April 20, 2025 at 7:08 PM (America/Indianapolis).
General Information
- Stage: Introduced Senate Bill (S)
- Current Chamber: senate
- Origin Chamber: senate
- Description: Property tax deduction for persons age 65 and older.
Legislators
Authors (1)
Coauthors (0)
Sponsors (0)
Cosponsors (0)
Advisors (0)
Conferees (0)
Actions (2 total)
- Jan 8, 2025, 6:50 AM: First reading: referred to Committee on Tax and Fiscal Policy
- Jan 8, 2025, 6:50 AM: Authored by Senator Jackson L
Digest
Provides an assessed value deduction for individuals who are at least 65 years of age, who reside in their home and have owned their home for at least 5 years, and meet certain other specified criteria. Provides that the deduction amount is equal to $120,000.