Illinois House Bill 2553

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Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on February 15 2023 - 25% progression
Action: 2023-03-10 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Amends the Property Tax Code. In provisions concerning the homestead exemption for veterans with disabilities, provides that: (1) if the veteran has a service-connected disability of 30% or more but less than 50%, then the annual exemption is 30% of the assessed value of the property; (2) if the veteran has a service-connected disability of 50% or more but less than 70%, then the annual exemption is 50% of the assessed value of the property; and (3) if the veteran has a service-connected disability of 70% or more, then the property is exempt from taxation. Effective immediately.

PROP TX-VETERANS W/ DISABILITY

Rep. Janet Yang Rohr [D]

Rep. Diane Blair-Sherlock [D]

Date	Chamber	Action
2023-03-10	House	Rule 19(a) / Re-referred to Rules Committee
2023-03-09	House	To Revenue - Property Tax Subcommittee
2023-02-28	House	Assigned to Revenue & Finance Committee
2023-02-22	House	Added Co-Sponsor Rep. Diane Blair-Sherlock
2023-02-15	House	Referred to Rules Committee
2023-02-15	House	First Reading
2023-02-15	House	Filed with the Clerk by Rep. Janet Yang Rohr

Chapter	Article	Section	Citation Type	Statute Text
35	200	15-169	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2553&GAID=17&DocTypeID=HB&SessionID=112&GA=103
Text	https://www.ilga.gov/legislation/103/HB/10300HB2553.htm