Bill > SB1642

This bill amends the Property Tax Code to create a homestead exemption in the amount of a $5,000 reduction from the equalized assessed value of property for police officers and firefighters with duty-related disabilities. The exemption applies to their primary residence, regardless of whether they are currently receiving a disability benefit or have retired. The exemption also extends to the surviving spouse of a police officer or firefighter killed in the line of duty, as long as the spouse does not remarry. The bill defines key terms like "qualified police officer," "qualified firefighter," and "qualified residence," and outlines the application and eligibility requirements for the exemption.

Budget and Finance

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1642&GAID=17&DocTypeID=SB&SessionID=112&GA=103