Bill > SB1691

This bill amends the Property Tax Code to provide homestead exemptions for veterans with disabilities in Illinois. It establishes various exemption amounts based on the level of the veteran's service-connected disability, ranging from $2,500 for a 30-50% disability to a full property tax exemption for a 70% or greater disability. The bill also allows the exemption to continue for the surviving spouse of a veteran and provides a process for veterans who were in the review process for the exemption but died before it was approved. The key provisions are the homestead exemption amounts, the eligibility criteria, the process for surviving spouses, and the provisions related to the COVID-19 pandemic.

Budget and Finance

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1691&GAID=16&DocTypeID=SB&SessionID=110&GA=102