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HB 2666 Illinois House · 100th Regular Session

PROP TX-VETERANS HOMESTEAD

Summary
Amends the Property Tax Code. Creates a veterans' standard homestead exemption. Provides that the exemption applies only for the first taxable year after the veteran acquires an ownership interest in the property. Provides that the amount of the exemption is a reduction from the property's equalized assessed value in the amount of: (1) $5,000 if the property has an equalized assessed value of $250,000 or less; or (2) $10,000 if the property has an equalized assessed value of more than $250,000. Effective immediately.
Bill status failed 1 of 4 stages cleared
Introduction
Feb 2017
Committee Review
Floor Vote
Governor
Introduced Feb 8, 2017 Last action Jan 8, 2019
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
13
Key actions
2
Committee
7
Amendments
1
Mar 31, 2017
Committee
House Committee Amendment No. 1 Rule 19(a) / Re-referred to Rules Committee
lower
Mar 31, 2017
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Mar 9, 2017
Lower · Passed
To Property Tax Subcommittee
lower
Mar 7, 2017
Lower · Passed
House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
lower
Feb 23, 2017
Committee
House Committee Amendment No. 1 Referred to Rules Committee
lower
Feb 23, 2017
Introduced
House Committee Amendment No. 1 Filed with Clerk by Rep. Rita Mayfield
lower
Feb 22, 2017
Committee
Assigned to Revenue & Finance Committee
lower
Feb 8, 2017
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor

Sponsors

No sponsor information available.