Indiana 2024 Regular Session Status: In Committee 1 D cosponsors

HB 1248 — Tax deduction and credit for persons age 65 or older.

Last action — Authored by Representative Moseley

  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2024 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there are no live odds of enactment. It would have to be reintroduced in the current session to move again.

Summary

Increases the maximum assessed value of the real property of an individual at least 65 years of age to be eligible for the over 65 deduction from $240,000 to $340,000 for an assessment date between December 31, 2024, and January 1, 2026. Increases the maximum assessed value limitation for the over 65 deduction by $1,000 per assessment year thereafter. Increases the maximum assessed value of the real property of an individual at least 65 years of age to be eligible for the additional credit for certain homesteads (the over 65 circuit breaker credit) from $240,000 to $340,000 for an assessment date between December 31, 2024 and January 1, 2026. Increases the maximum assessed value limitation for the over 65 circuit breaker credit by $1,000 annually per assessment year thereafter. (Current law provides that for an individual who has received the over 65 circuit breaker credit in a previous year, increases in assessed value that occur after the later of December 31, 2019, or the first year that the individual has received the over 65 circuit breaker credit, are not considered unless the increase in assessed value is attributable to substantial renovation or new improvements.)

Bill Text

We don't have the full text on file for this bill yet.

Read HB 1248 on the official Indiana source →

Action History

  1. Authored by Representative Moseley

  2. First reading: referred to Committee on Ways and Means

Sponsors

Sponsorship breakdown

Export CSV (upgrade) →

1 sponsors · 0 co-sponsors · 149 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (149)

149 members have not signed on to this bill.

Show all 149 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

taxation
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does HB 1248 do?
Increases the maximum assessed value of the real property of an individual at least 65 years of age to be eligible for the over 65 deduction from $240,000 to $340,000 for an assessment date between December 31, 2024, and January 1, 2026. Increases the maximum assessed value limitation for the over 65 deduction by $1,000 per assessment year thereafter. Increases the maximum assessed value of the real property of an individual at least 65 years of age to be eligible for the additional credit for certain homesteads (the over 65 circuit breaker credit) from $240,000 to $340,000 for an assessment date between December 31, 2024 and January 1, 2026. Increases the maximum assessed value limitation for the over 65 circuit breaker credit by $1,000 annually per assessment year thereafter. (Current law provides that for an individual who has received the over 65 circuit breaker credit in a previous year, increases in assessed value that occur after the later of December 31, 2019, or the first year that the individual has received the over 65 circuit breaker credit, are not considered unless the increase in assessed value is attributable to substantial renovation or new improvements.)
Who sponsors HB 1248?
HB 1248 is sponsored by Chuck Moseley (Democrat).
What is the current status of HB 1248?
This bill died with 2024 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HB 1248?
Track HB 1248 free on One Click Politics — get push/email alerts when it moves.

Make your voice heard on HB 1248

Find the representatives who decide this bill and tell them where you stand — for yourself, or mobilize your whole list in one click with One Click Politics advocacy software.

Find my representatives → Run a campaign

Stay ahead of HB 1248

Last checked for changes 3 months ago · updated continuously

One Click Politics tracks every bill in Congress and all 50 states.

Track this bill →