· IN legislature · 2025

Property tax deduction for persons age 65 and older.

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.

Sponsor

La Keisha Jackson (D-IN)

Introduced

2025-01-08

Policy area

Taxation

Latest action

First reading: referred to Committee on Tax and Fiscal Policy