SB 2700

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

Prop-Tx-Disabled Veteran

Abstract

Amends the Property Tax Code. In provisions concerning the homestead exemption for veterans with disabilities, provides that the exemption applies to all real property that is the primary residence of a veteran with a disability (currently, property with an equalized assessed value of less than $250,000 that is the primary residence of a veteran with a disability). Provides that, with respect to veterans with a service connected disability of 70% or more and surviving spouses of veterans whose deaths were service-connected, the first $250,000 in equalized assessed value of the property is exempt.

Bill Sponsors (3)

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May 03, 2024

Senate

Rule 3-9(a) / Re-referred to Assignments

Apr 05, 2024

Senate

Rule 2-10 Committee Deadline Established As May 3, 2024

Mar 15, 2024

Senate

Rule 2-10 Committee Deadline Established As April 5, 2024

Mar 14, 2024

Senate

Added as Co-Sponsor Sen. Michael W. Halpin

Senate

Added as Co-Sponsor Sen. Jil Tracy

Jan 31, 2024

Senate

Assigned to Revenue

Jan 10, 2024

Senate

First Reading

Senate

Referred to Assignments

Senate

Filed with Secretary by Sen. Julie A. Morrison

Bill Text

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Sources

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