Comments: IL HB5398 | 2021-2022 | 102nd General Assembly

Bill Title: Amends the Property Tax Code. In provisions concerning the homestead exemption for veterans with disabilities, provides that an otherwise qualified residence that is located upon 2 adjacent parcels in 2 different townships is entitled to the exemption. Provides that, upon election by the property owner, a portion of the maximum exemption amount shall be applied to each parcel according to each parcel's share of the total assessed value of the property. Effective immediately.

Spectrum: Partisan Bill (Republican 3-0)

Status: (Introduced - Dead) 2022-02-18 - Rule 19(a) / Re-referred to Rules Committee [HB5398 Detail]

Text: Latest bill text (Introduced) [HTML]

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