INDIANA – Governor Mike Braun today ceremonially signed HEA 1210, a new law to protect Hoosier taxpayers, strengthen transparency, and expand property tax relief for Hoosier veterans.
Governor Braun’s top priority is affordability, and this measure builds on his historic property tax cut to save Hoosiers money while helping local governments plan and maintain essential services.
“Protecting last year’s property tax relief for Hoosiers is critical, and with HEA 1210, we have taken steps to keep the foundation strong. And now it’s time to build on that foundation to see what else can be done to make life more affordable for Hoosier families. Kitchen table conversations about the household budget are getting harder. Hoosiers need more relief,” said Governor Mike Braun.
For Hoosier veterans, HEA 1210 provides a major expansion of property tax relief. Under the new law, totally disabled veterans are eligible for a 100% deduction of the assessed value of their homestead, meaning they will not owe property taxes on their primary residence. The benefit also applies to eligible surviving spouses who do not remarry…