Illinois 2023-2024 Regular Session

Illinois House Bill HB1154

Introduced
1/12/23  
Refer
1/31/23  
Introduced
1/12/23  
Refer
2/15/23  
Refer
1/31/23  
Refer
3/10/23  
Refer
2/15/23  
Refer
3/10/23  

Caption

PROP TX-DISABLED VETERANS

Impact

If enacted, this bill would simplify the process for surviving spouses of qualifying veterans to maintain their property tax exemption, thereby reducing administrative burdens and ensuring that they continue receiving the benefits designed for families of disabled veterans. The exemption essentially eases the financial pressure on these families, allowing them to remain in their homes without the fear of losing benefits due to bureaucratic oversight or reapplication fatigue.

Summary

House Bill 1154 seeks to amend the Property Tax Code in Illinois, specifically targeting the homestead exemption for veterans with disabilities. The bill allows the surviving spouse of a veteran with a 100% service-connected disability, who is deemed permanently and totally disabled, to retain the homestead exemption without the necessity of annual reapplication. This change is aimed at providing a more permanent financial benefit to the families of severely disabled veterans and enhances the housing security of the surviving spouses.

Contention

While the bill has garnered support for its intention to assist veterans' families, it may face scrutiny regarding fiscal implications on local taxing bodies and the potential increased burden on state funding to cover the costs of these exemptions. Furthermore, discussions around this bill may focus on whether extending the exemption to surviving spouses will inadvertently create disparities or inequities in property tax relief among different veteran classifications and their respective families.

Companion Bills

No companion bills found.

Previously Filed As

IL SB1534

PROP TX-VETERANS

IL SB2996

PROP TX-VETERANS

IL SB2278

PROP TX-VETERANS

IL SB0099

PROP TX-VETERANS

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