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Bill > HB4316


IL HB4316

IL HB4316
PROP TX-CERT OF ERROR-VETERANS


summary

Introduced
01/07/2026
In Committee
03/04/2026
Crossed Over
Passed
Dead

Introduced Session

104th General Assembly

Bill Summary

Amends the Property Tax Code. Provides that a certificate of error may be issued at any time if the error relates to the homestead exemption for veterans with disabilities and veterans of World War II. Effective immediately.

AI Summary

This bill amends the Property Tax Code to allow a "certificate of error" to be issued at any time, without the usual time limits, if the error concerns the homestead exemption for veterans with disabilities and veterans of World War II. A certificate of error is a document that corrects mistakes in property tax assessments. This change means that eligible veterans can receive retroactive corrections to their property tax exemptions for any year they qualified, even if the usual deadline for such corrections has passed. The bill takes effect immediately upon becoming law.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Assigned to Revenue & Finance Committee (on 03/04/2026)

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