SB0510: A BILL FOR AN ACT to amend the Indiana Code concerning taxation.
Page last updated: Sunday, April 20, 2025 at 8:07 PM (America/Indianapolis).
General Information
- Stage: Introduced Senate Bill (S)
- Current Chamber: senate
- Origin Chamber: senate
- Description: Deductions for disabled veterans.
Legislators
Authors (1)
Coauthors (0)
Sponsors (0)
Cosponsors (0)
Advisors (0)
Conferees (0)
Actions (2 total)
- Jan 16, 2025, 9:13 AM: First reading: referred to Committee on Tax and Fiscal Policy
- Jan 16, 2025, 9:13 AM: Authored by Senator Jackson L
Digest
Provides that, for an individual who has received a property tax deduction available to certain veterans in a previous year, increases in assessed value that occur after December 31, 2025, are not considered for purposes of determining whether an individual is eligible to receive the deduction. Provides an additional tax deduction for a disabled veteran who rents a dwelling for use as the disabled veteran's principal place of residence.