Bill Texts: IL SB3316 | 2013-2014 | 98th General Assembly

Bill Title: Amends the Property Tax Code. Provides that, for taxable year 2014 and each taxable year thereafter, the disabled veterans standard homestead exemption is $5,000 for veterans with a service-connected disability of at least 50% (currently, the exemption is (i) $5,000 for veterans with a service-connected disability of at least 70% and $2,500 for veterans with a service-connected disability of at least 50% but less than 70%). Effective immediately.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Failed) 2015-01-13 - Session Sine Die [SB3316 Detail]

Bill Drafts

RevisionDateFormatSourceView
Amended2014-04-02HTML/TextLinkView
Amended2014-04-01HTML/TextLinkView
Introduced2014-02-14HTML/TextLinkView

Amendments

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No bill amendments currently on file for Illinois SB3316

Supplemental Documents

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No supplemental documents for Illinois SB3316 currently on file.

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