Bill Sponsors: IL SB2700 | 2023-2024 | 103rd General Assembly
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]
Text: Latest bill text (Introduced) [HTML]
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: (Introduced) 2024-05-03 - Rule 3-9(a) / Re-referred to Assignments [SB2700 Detail]
Text: Latest bill text (Introduced) [HTML]
Sponsors
Name | Type | Sponsorship | District | Financial | Encyclopedia | Biography |
---|---|---|---|---|---|---|
Senator Julie Morrison [D] | Primary | Sponsored Bills | SD-029 | FollowTheMoney | Ballotpedia | VoteSmart |
Senator Michael Halpin [D] | Cosponsor | Sponsored Bills | SD-036 | FollowTheMoney | Ballotpedia | VoteSmart |
Senator Jil Tracy [R] | Cosponsor | Sponsored Bills | SD-050 | FollowTheMoney | Ballotpedia | VoteSmart |