Bill Text: IL HB4764 | 2019-2020 | 101st General Assembly | Introduced

---

Bill Title: Amends the Property Tax Code. Provides that the exemption for veterans with disabilities applies to property up to an assessed value of $350,000 (currently, $100,000).

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2020-06-23 - Rule 19(b) / Re-referred to Rules Committee [HB4764 Detail]

Download: Illinois-2019-HB4764-Introduced.html

---

101ST GENERAL ASSEMBLY State of Illinois 2019 and 2020 HB4764 Introduced , by Rep. Mary Edly-Allen SYNOPSIS AS INTRODUCED:
35 ILCS 200/15-165
Amends the Property Tax Code. Provides that the exemption for veterans with disabilities applies to property up to an assessed value of $350,000 (currently, $100,000).
LRB101 18460 HLH 67908 b
FISCAL NOTE ACT MAY APPLY HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY
A BILL FOR
HB4764 LRB101 18460 HLH 67908 b
AN ACT concerning revenue.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Property Tax Code is amended by changing
Section 15-165 as follows:
(35 ILCS 200/15-165)
Sec. 15-165. Veterans with disabilities. Property up to an
assessed value of $350,000 $100,000, owned and used exclusively
by a veteran with a disability, or the spouse or unmarried
surviving spouse of the veteran, as a home, is exempt. As used
in this Section, a "veteran with a disability" means a person
who has served in the Armed Forces of the United States and
whose disability is of such a nature that the Federal
Government has authorized payment for purchase or construction
of Specially Adapted Housing as set forth in the United States
Code, Title 38, Chapter 21, Section 2101.
The exemption applies to housing where Federal funds have
been used to purchase or construct special adaptations to suit
the veteran's disability.
The exemption also applies to housing that is specially
adapted to suit the veteran's disability, and purchased
entirely or in part by the proceeds of a sale, casualty loss
reimbursement, or other transfer of a home for which the

HB4764 - 2 - LRB101 18460 HLH 67908 b
Federal Government had previously authorized payment for
purchase or construction as Specially Adapted Housing.
However, the entire proceeds of the sale, casualty loss
reimbursement, or other transfer of that housing shall be
applied to the acquisition of subsequent specially adapted
housing to the extent that the proceeds equal the purchase
price of the subsequently acquired housing.
Beginning with the 2015 tax year, the exemption also
applies to housing that is specifically constructed or adapted
to suit a qualifying veteran's disability if the housing or
adaptations are donated by a charitable organization, the
veteran has been approved to receive funds for the purchase or
construction of Specially Adapted Housing under Title 38,
Chapter 21, Section 2101 of the United States Code, and the
home has been inspected and certified by a licensed home
inspector to be in compliance with applicable standards set
forth in U.S. Department of Veterans Affairs, Veterans Benefits
Administration Pamphlet 26-13 Handbook for Design of Specially
Adapted Housing.
For purposes of this Section, "charitable organization"
means any benevolent, philanthropic, patriotic, or
eleemosynary entity that solicits and collects funds for
charitable purposes and includes each local, county, or area
division of that charitable organization.
For purposes of this Section, "unmarried surviving spouse"
means the surviving spouse of the veteran at any time after the

HB4764 - 3 - LRB101 18460 HLH 67908 b
death of the veteran during which such surviving spouse is not
married.
This exemption must be reestablished on an annual basis by
certification from the Illinois Department of Veterans'
Affairs to the Department, which shall forward a copy of the
certification to local assessing officials.
A taxpayer who claims an exemption under Section 15-168 or
15-169 may not claim an exemption under this Section.
(Source: P.A. 98-1145, eff. 12-30-14; 99-143, eff. 7-27-15.)