Skip to content
Search events. View events.
  Senate Democratic Caucus Submit Events
Welcome to the IN.gov Calendar. Please use the Help button to the right for any assistance while using the Calendar.
Click for help in using calendar displays. Print the contents of the current screen.

Advanced Search (New Search)
  From:
  To:

 

 

 


Submit
Entry Details
Notify me if this event changes.Add this event to my personal calendar.Email this entry to a friend.
Go Back
Hume proposal to expand veteran property tax deductions approved
Start Date: 1/29/2013Start Time: 12:00 AM
End Date: 1/29/2013End Time: 11:59 PM
Entry Description
INDIANAPOLIS—The Indiana Senate unanimously passed a proposal today to expand tax benefits to those who serve in the military and their spouses. State Senator Lindel Hume (D-Princeton), a co-author of Senate Bill (SB) 165, noted the proposal aims to extend property tax deductions to families of deceased veterans and lift the value cap on current deductions.

 “We need to make every effort to assist not only our veterans, but the families of those who have served,” Sen. Hume said. “This bill allows property tax deductions afforded to veterans to also transfer with the spouse should they move.”

 In an effort to expand benefits to those who serve and their families, SB 165 would entitle the surviving spouse of a deceased veteran to a property tax deduction. Under this bill, the surviving spouse would be eligible so long as the veteran met the requirements for the deduction at the time of death and if the surviving spouse owns the property when the statement is filed. The bill would also give retroactive considerations to those seeking a deduction beginning March 2012. Additionally, SB 165 eliminates the value cap of property tax deduction for disabled veterans.

 SB 165 passed unanimously out of the Senate Tax and Fiscal Policy Committee and was approved by the full Senate. The bill now moves on to the House of Representatives for further consideration.

 Hume represents Indiana Senate District 48 which includes portions of Dubois, Gibson, Knox, Pike, Spencer and Warrick Counties. For more information on Sen. Hume his legislative agenda or other State Senate business call 1-800-382-9467 or visit www.IN.gov/S48.

###

NOTE: A photo of Sen. Lindel Hume can be downloaded at http://www.in.gov/legislative/senate_democrats/images/headshots/Hume.jpg

Contact Information:
Name: Elise Shrock-Mannies
Phone: 317-232-9496
Email: emannies@iga.in.gov
Default
Entry Type:
Press Release
Entry Category:
  • Announcements
  • IN.gov Category:
  • Taxes & Finance
  • Agency Name
    Senate Democratic Caucus

    Calendar software powered by Active Data Calendar   
    Select item(s) to Search








    Select item(s) to Search
    Select item(s) to Search

    Select item(s) to Search