This post was provided by News Now Warsaw
By Dan Spalding
News Now Warsaw
WARSAW — Kosciusko County’s Veteran Service Officer Darryl McDowell announced some good news for veterans — as well as some advice.
McDowell recapped new legislation passed into law known as the Veteran Property Tax Reform, which will provide Indiana veterans with some relief on property taxes beginning in 2027.
The legislation restructures the property tax for veterans.
The changes rely on four categories, depending on one’s level of disability and other factors
The biggest change involves those who are 100 percent disabled and their widows, who will be exempt from paying any property taxes on their home.
“They will benefit more than any of the other veteran disability tax cuts. This has never (happened) before in the state of Indiana,” McDowell said during a presentation to the county commissioners on Tuesday.
“It is 100 percent property tax-free,” he said.
It also eliminates the assessed value, which penalized a lot of veterans because there was a catch — If you owned a home more than $240,000, you were not able to take advantage of this, particularly our peace-time veterans, McDowell said.
Paperwork is not yet available, but veterans will likely be able to begin signing up after July 1 and must do so by Dec. 30 to qualify.
“Veterans must know, there is no grandfather clause, there is no rollover. If they don’t register for this, they are not gonna get any cut from the taxes,” McDowell warned.
He said he’s working with the county auditor’s office to help with paperwork and will announce more details when registration nears.
