Indiana legislation · 2026 Regular Session
Indiana HB1187: Property tax credits for veterans.
Status: In committee, January 12, 2026
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.
What the bill says
A bill FOR AN ACT to amend the Indiana Code concerning taxation.
From the introduced text:
A BILL FOR AN ACT to amend the Indiana Code concerning taxation. SECTION 1. IC 6-1.1-12-13, AS AMENDED BY P.L.230-2025, SECTION 31, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE JANUARY 1, 2026 (RETROACTIVE)]: Sec. 13. (a) Except as provided in section 40.5 of this chapter, an individual may have twenty-four thousand nine hundred sixty dollars ($24,960) deducted from the assessed value of the taxable tangible property that the individual owns, or real property, a mobile home not assessed as real property, or a manufactured home not assessed as real property that the individual is buying under a contract that provides that the individual is to pay property taxes on the real property, mobile home, or manufactured home, if the contract or a memorandum of the contract is recorded in the county recorder's office and if: (1) the individual served in the military or naval forces of the United States during any of its wars; (2) the individual received an honorable discharge; (3) the individual has a disability with a service connected disability of ten percent (10%) or more; 2026 IN 1187--LS 6750/DI (4) the individual's disability is evidenced by: (A) a pension certificate, an award of compensation, or a disability compensation check issued by the United States Department of Veterans Affairs; or (B) a certificate of eligibility issued to the …
Sponsors
- Judy, Chris (R) · primary sponsor
- Commons, Matt (R)
- Lori Goss-Reaves (R, HD-031)
- Craig Haggard (R, HD-057)
Latest actions
- : Representative Haggard added as coauthor
- : Coauthored by Representatives Commons, Goss-Reaves
- : Authored by Representative Judy
- : First reading: referred to Committee on Ways and Means
Subjects: VETERANS, TAXES; Credits, TAXES; Property Taxes, TAXES; Deductions, PROPERTY; Real Estate
Common questions
- What is HB1187?
- HB1187 is a bill in the Indiana Legislature (2026 Regular Session): Property tax credits for veterans.
- What does HB1187 do?
- In its own words: A bill FOR AN ACT to amend the Indiana Code concerning taxation.
- What is the status of HB1187?
- In committee as of January 12, 2026. Latest action: Representative Haggard added as coauthor (January 12, 2026).
- Who sponsored HB1187?
- Judy, Chris (R), with 3 co-sponsors.
- Where is the official record for HB1187?
- On the Indiana Legislature website: https://iga.in.gov/legislative/2026/bills/house/1187
Source: official Indiana record. Tracked by Delilah, AI for legislation across all 50 states and Congress.