SB 220

  • Illinois Senate Bill
  • 103rd Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Prop Tx-Veteran-Commercial

Abstract

Amends the Property Tax Code. Provides that the portion of the property that is used by a business that is certified by the United States Small Business Administration as a Service-Disabled Veteran-Owned Small Business (SDVOSB) is not considered to be used for commercial purposes for the purposes of the homestead exemption for veterans with disabilities. Effective immediately.

Bill Sponsors (2)

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Mar 30, 2023

Senate

Added as Co-Sponsor Sen. Craig Wilcox

Jan 31, 2023

Senate

Filed with Secretary by Sen. David Koehler

Senate

First Reading

Senate

Referred to Assignments

Bill Text

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Introduced HTML PDF

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