HB 3501 Illinois House · 100th Regular Session

PROP TX-DISABLED VETS

Summary
Amends the Property Tax Code. In a Section concerning the homestead exemption for veterans with disabilities, provides that, for taxable years 2017 and thereafter, if the veteran has a service connected disability of 20% (currently, 30%) or more but less than 50%, then the annual exemption is $2,500. Provides that that exemption also applies to veterans who are not disabled but are over the age of 75. Removes a requirement that the homestead exemption for veterans with disabilities applies only to residences with an equalized assessed value of less than $250,000. Effective immediately.
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2017
Committee Review
Floor Vote
Governor
Introduced Mar 1, 2017 Last action Apr 25, 2017
Floor votes

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Full legislative history

Actions timeline

Total actions
11
Key actions
1
Committee
3
Mar 9, 2017
Lower · Passed
To Property Tax Subcommittee
lower
Mar 1, 2017
Introduced
Motion Filed - Table Bill/Resolution Pursuant to Rule 60(b), Rep. LaToya Greenwood
lower
Feb 22, 2017
Committee
Assigned to Revenue & Finance Committee
lower
Feb 10, 2017
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor

Sponsors

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