SB 2700 Illinois Senate · 103rd Regular Session

PROP-TX-DISABLED VETERAN

Summary
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 status in committee 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 10, 2024 Last action May 3, 2024
Floor votes

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Full legislative history

Actions timeline

Total actions
9
Key actions
2
Committee
5
May 3, 2024
Committee
Rule 3-9(a) / Re-referred to Assignments
lower
Apr 5, 2024
Lower · Passed
Rule 2-10 Committee Deadline Established As May 3, 2024
lower
Mar 15, 2024
Lower · Passed
Rule 2-10 Committee Deadline Established As April 5, 2024
lower
Jan 31, 2024
Committee
Assigned to Revenue
lower
Jan 10, 2024
Committee
Referred to Assignments
lower
1 primary · 2 co-sponsors

Sponsors