Provides a 100% state income tax deduction for all military service income received by an individual or the individual’s surviving spouse. Establishes the veterans service officer fund (fund) to provide funding for grants to counties for salaries for veterans service officers. Provides that the fund is administered by the Indiana veterans’ affairs commission (commission). Provides that the amount of a grant that the commission may award to a county per year is equal to: (1) $42,000; multiplied by (2) the following: (A) 25%, in the case of a county with at least one veteran but not more than 1,500 veterans. (B) 50%, in the case of a county with more than 1,500 veterans but not more than 3,000 veterans. (C) 75%, in the case of a county with more than 3,000 veterans but not more than 4,500 veterans. (D) 100%, in the case of a county with more than 4,500 veterans. Adds the commission as an eligible recipient for appropriations from the build Indiana fund (surplus lottery reserves) only for deposit in the fund.
Contact REPRESENTATIVE HUSTON H37@iga.in.gov call 317-232-9607 hear the bill and have added to the House budget bill.