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HB 1187 IN

Property tax credits for veterans.

IN · session 2026 · Assembly / House · bill

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Introduced Jan 5, 2026

Latest action (Jan 12, 2026) Representative Haggard added as coauthor

Summary

Increases the property tax deduction for a veteran who is totally disabled to an amount equal to 100% of the assessed value of the individual's real property (instead of $14,000). Expires property tax deductions for certain veterans, and, beginning with property taxes imposed for the 2026 assessment date and thereafter, instead provides a property tax liability credit against local property taxes for veterans who previously claimed a deduction. Includes a mechanism to establish an additional maximum property tax liability credit for a veteran who previously claimed a deduction.

Sponsor (1)

3 coauthors / cosponsors

Action history (4)

  1. Jan 5, 2026 First reading: referred to Committee on Ways and Means · lower
  2. Jan 5, 2026 Authored by Representative Judy · lower
  3. Jan 5, 2026 Coauthored by Representatives Commons, Goss-Reaves · lower
  4. Jan 12, 2026 Representative Haggard added as coauthor · lower
Subjects
PROPERTY; Real EstateTAXES; CreditsTAXES; DeductionsTAXES; Property TaxesVETERANS

Full text

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