IL HB3501 | 2017-2018 | 100th General Assembly
Status
Spectrum: Partisan Bill (Democrat 4-0)
Status: Introduced on February 10 2017 - 25% progression, died in chamber
Action: 2017-04-25 - Added Co-Sponsor Rep. Frances Ann Hurley
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 10 2017 - 25% progression, died in chamber
Action: 2017-04-25 - Added Co-Sponsor Rep. Frances Ann Hurley
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Property Tax Code. In a Section concerning the homestead exemption for veterans with disabilities, provides that, for taxable years 2017 and thereafter, if the veteran has a service connected disability of 20% (currently, 30%) or more but less than 50%, then the annual exemption is $2,500. Provides that that exemption also applies to veterans who are not disabled but are over the age of 75. Removes a requirement that the homestead exemption for veterans with disabilities applies only to residences with an equalized assessed value of less than $250,000. Effective immediately.
Title
PROP TX-DISABLED VETS
Sponsors
History
Date | Chamber | Action |
---|---|---|
2017-04-25 | House | Added Co-Sponsor Rep. Frances Ann Hurley |
2017-04-04 | House | Added Co-Sponsor Rep. Michelle Mussman |
2017-03-23 | House | Added Chief Co-Sponsor Rep. Martin J. Moylan |
2017-03-21 | House | Tabled |
2017-03-21 | House | Motion Prevailed |
2017-03-09 | House | To Property Tax Subcommittee |
2017-03-01 | House | Motion Filed - Table Bill/Resolution Pursuant to Rule 60(b), Rep. LaToya Greenwood |
2017-02-22 | House | Assigned to Revenue & Finance Committee |
2017-02-10 | House | Referred to Rules Committee |
2017-02-10 | House | First Reading |
2017-02-10 | House | Filed with the Clerk by Rep. LaToya Greenwood |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
35 | 200 | 15-169 | Amended Code | Citation Text |
Illinois State Sources
Type | Source |
---|---|
Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3501&GAID=14&DocTypeID=HB&SessionID=91&GA=100 |
Text | https://www.ilga.gov/legislation/100/HB/10000HB3501.htm |