Bill Text: IL HB3015 | 2019-2020 | 101st General Assembly | Introduced


Bill Title: Amends the Property Tax Code. Provides that an annual homestead exemption, limited to a reduction of $10,000 from the equalized assessed value of the property, is granted for property that is owned and occupied as the principal residence of the parent or parents of a veteran who was killed in the line of duty on or after January 1, 2019.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2019-03-29 - Rule 19(a) / Re-referred to Rules Committee [HB3015 Detail]

Download: Illinois-2019-HB3015-Introduced.html


101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020
HB3015

Introduced , by Rep. Frances Ann Hurley

SYNOPSIS AS INTRODUCED:
35 ILCS 200/15-178 new

Amends the Property Tax Code. Provides that an annual homestead exemption, limited to a reduction of $10,000 from the equalized assessed value of the property, is granted for property that is owned and occupied as the principal residence of the parent or parents of a veteran who was killed in the line of duty on or after January 1, 2019.
LRB101 10387 HLH 55493 b
FISCAL NOTE ACT MAY APPLY
HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY
STATE MANDATES ACT MAY REQUIRE REIMBURSEMENT

A BILL FOR

HB3015LRB101 10387 HLH 55493 b
1 AN ACT concerning revenue.
2 Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
4 Section 5. The Property Tax Code is amended by adding
5Section 15-178 as follows:
6 (35 ILCS 200/15-178 new)
7 Sec. 15-178. Military parents; homestead exemption.
8 (a) For tax year 2019 and thereafter, an annual homestead
9exemption, limited to a reduction of $10,000 from the equalized
10assessed value of the property, is granted for property that is
11owned and occupied as the principal residence of the parent or
12parents of a veteran who was killed in the line of duty on or
13after January 1, 2019.
14 (b) Application must be made each year during the
15application period in effect for the county in which the
16residence is located. The assessor or chief county assessment
17officer may determine the eligibility of residential property
18to receive the homestead exemption provided by this Section by
19application, visual inspection, questionnaire, or other
20reasonable methods. The determination must be made in
21accordance with guidelines established by the Department.
22 (c) The exemption under this Section is in addition to any
23other homestead exemption provided in this Article 15.

HB3015- 2 -LRB101 10387 HLH 55493 b
1Notwithstanding Sections 6 and 8 of the State Mandates Act, no
2reimbursement by the State is required for the implementation
3of any mandate created by this Section.
4 (d) As used in this Section, "veteran" means a person who
5has served as a member of the United States Armed Forces, a
6member of the Illinois National Guard, or a member of the
7United States Reserve Forces.
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