IN HB1212 | 2016 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 11 2016 - 25% progression, died in committee
Action: 2016-01-11 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 11 2016 - 25% progression, died in committee
Action: 2016-01-11 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Standard deduction for homesteads. Provides that an individual and an eligible child are both entitled to a standard deduction from the assessed value of property for an assessment date if: (1) the individual is at least 65 years of age on the assessment date; (2) the individual qualifies a dwelling on the property as a homestead for the assessment date; and (3) the eligible child qualifies a separate dwelling on the property as a homestead for the assessment date.
Title
Standard deduction for homesteads. Provides that an individual and an eligible child are both entitled to a standard deduction from the assessed value of property for an assessment date if: (1) the individual is at least 65 years of age on the assessment date; (2) the individual qualifies a dwelling on the property as a homestead for the assessment date; and (3) the eligible child qualifies a separate dwelling on the property as a homestead for the assessment date.
Sponsors
| Rep. Wes Culver [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2016-01-11 | House | First reading: referred to Committee on Ways and Means |
| 2016-01-11 | House | Authored by Representative Culver |
Indiana State Sources
| Type | Source |
|---|---|
| Summary | https://iga.in.gov/legislative/2016/bills/house/1212/details |
| Text | http://iga.in.gov/static-documents/8/1/9/1/81914d09/HB1212.01.INTR.pdf |
