Bill Title: 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.
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: (Introduced) 2024-05-03 - Rule 3-9(a) / Re-referred to Assignments
[SB2700 Detail]
Bill Drafts
| Revision | Date | Format | Source | View |
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| Introduced | 2024-01-10 | HTML/Text | Link | View |
Amendments
| Amendment | Date | Disposition | Format | Source | View |
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| No bill amendments currently on file for Illinois SB2700 |
Supplemental Documents
| Title | Description | Date | Format | Source | View |
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| No supplemental documents for Illinois SB2700 currently on file. |
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