Bill > HB2505

This bill amends the Property Tax Code to create a property tax exemption for police officers and firefighters who have suffered severe duty-related injuries. Specifically, beginning in 2025, property used as a primary residence by a qualified police officer or firefighter will be exempt from taxation. To qualify, the officer or firefighter must have suffered a significant injury such as paraplegia, quadriplegia, dismemberment, or amputation, and must currently receive or have previously received a disability benefit. The exemption extends to the surviving spouse of a police officer or firefighter killed in the line of duty, provided they do not remarry and continue to own the property. If the qualifying individual moves to a nursing home or veterans' facility, the exemption can continue if the spouse continues to occupy the property or if the property remains unoccupied but still owned by the qualifying individual. The property must be valued under $500,000, and the qualifying individual must be the owner or have a legal interest in the property. Applicants must submit proof of their qualifying injury annually and meet specific criteria defined in the bill.

Budget and Finance

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2505&GAID=18&DocTypeID=HB&SessionID=114&GA=104