Indiana § 6-1.1-20.6-7.7 Supplemental homestead credit

Indiana Statutes

§ 6-1.1-20.6-7.7 — Supplemental homestead credit

Indiana § 6-1.1-20.6-7.7

Art. 1.1PROPERTY TAXES

Ch. 20.6Credit for Excessive Property Taxes

This text of Indiana § 6-1.1-20.6-7.7 (Supplemental homestead credit) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 6-1.1-20.6-7.7 (2026).

Text

7.

(a)This section applies for property taxes first due and payable in calendar years beginning after December 31, 2025.

(b)A person who qualifies for a standard deduction from the assessed value of the person's homestead under IC 6-1.1-12-37 (or is married at the time of death to a deceased spouse who qualifies for a standard deduction under IC 6-1.1-12-37 for the person's homestead) is also entitled to receive a supplemental homestead credit under this section against the person's property tax liability on the same homestead to which the standard deduction applies.

(c)The amount of the credit is equal to the lesser of:

(1)the result of:

(A)the property tax liability first due and payable on the homestead property for the calendar year; multiplied by

(B)one-tenth (0.1); or

(2)three

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7. (a) This section applies for property
taxes first due and payable in calendar years beginning after December
31, 2025.
(b) A person who qualifies for a standard deduction from the
assessed value of the person's homestead under IC 6-1.1-12-37 (or is
married at the time of death to a deceased spouse who qualifies for a
standard deduction under IC 6-1.1-12-37 for the person's homestead)
is also entitled to receive a supplemental homestead credit under this
section against the person's property tax liability on the same
homestead to which the standard deduction applies.
(c) The amount of the credit is equal to the lesser of:
(1) the result of:
(A) the property tax liability first due and payable on the
homestead property for the calendar year; multiplied by
(B) one-tenth (0.1); or
(2) three hundred dollars ($300).
(d) Property taxes imposed after being approved by the voters in a
referendum or local public question shall not be considered for
purposes of calculating a person's credit under this section.
(e) A person is not required to file an application for the credit
under this section. The county auditor shall:
(1) identify the property in the county eligible for the credit under
this section; and
(2) apply the credit under this section to property tax liability on
the identified property.