Bill Title: Amends the Property Tax Code. In a Section concerning the returning veterans' homestead exemption, provides that the veteran may apply the exemption for the taxable year after he or she returns if (i) he or she first acquires a principal residence during the taxable year in which he or she returns, but after January 1 of that year, and (ii) if the property is owned and occupied as a principal residence by the veteran on January 1 of the next taxable year. Effective immediately.

Sponsorship: Partisan Bill (Democrat 8)

Status: (Passed) 2010-07-26 - Public Act . . . . . . . . . 96-1288 [SB2350 Detail]

Text: Latest bill text (Enrolled) [HTML]

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