KLS Keeping Law Simple Legislation in plain English

Straight-ahead summaries built from the official bill text. We keep the source links front and center and leave the decision up to you.

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HB1187 • 2026

A BILL FOR AN ACT to amend the Indiana Code concerning taxation.

A BILL FOR AN ACT to amend the Indiana Code concerning taxation.

Taxes
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Representative Chris Judy
Last action
2026-01-12
Official status
Introduced House Bill (H)
Effective date
Not listed

Plain English Breakdown

The exact amount of additional credit is not specified in the provided official material.

Property Tax Help for Veterans

This bill changes Indiana's property tax system by increasing the property tax deduction for totally disabled veterans and replacing certain deductions with credits.

What This Bill Does

  • Increases the property tax deduction to 100% of the assessed value for totally disabled veterans, up from $14,000.
  • Ends certain property tax deductions for veterans starting in 2026.
  • Provides a new property tax liability credit against local property taxes for veterans who previously claimed deductions.

Who It Names or Affects

  • Totally disabled veterans
  • Veterans who previously claimed property tax deductions

Terms To Know

Property Tax Deduction
A reduction in the amount of property taxes a person has to pay.
Property Tax Credit
An amount that can be subtracted from the total property tax bill, reducing what someone owes.

Limits and Unknowns

  • The exact details about how much additional credit veterans might get are not clear.
  • This bill only affects Indiana and its state laws.

Bill History

  1. 2026-01-12 House

    Representative Haggard added as coauthor

  2. 2026-01-05 House

    Authored by Representative Judy

  3. 2026-01-05 House

    Coauthored by Representatives Commons, Goss-Reaves

  4. 2026-01-05 House

    First reading: referred to Committee on Ways and Means

Official Summary Text

A BILL FOR AN ACT to amend the Indiana Code concerning taxation.
Property tax credits for veterans.

Current Bill Text

Read the full stored bill text 
A BILL FOR AN ACT to amend the Indiana Code concerning taxation.

Property tax credits for veterans.

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.