Illinois 2023-2024 Regular Session

Illinois House Bill HB2950 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB2950 Introduced , by Rep. Michael J. Kelly SYNOPSIS AS INTRODUCED: 35 ILCS 200/15-171 new Amends the Property Tax Code. Creates a homestead exemption for surviving spouses of fallen police officers and fallen rescue workers in an amount equal to 50% of the equalized assessed value of the property so long as the surviving spouse continues to reside at the qualified residence and does not remarry. Effective immediately. LRB103 27092 HLH 53460 b A BILL FOR 103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB2950 Introduced , by Rep. Michael J. Kelly SYNOPSIS AS INTRODUCED: 35 ILCS 200/15-171 new 35 ILCS 200/15-171 new Amends the Property Tax Code. Creates a homestead exemption for surviving spouses of fallen police officers and fallen rescue workers in an amount equal to 50% of the equalized assessed value of the property so long as the surviving spouse continues to reside at the qualified residence and does not remarry. Effective immediately. LRB103 27092 HLH 53460 b LRB103 27092 HLH 53460 b A BILL FOR
2	2	103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB2950 Introduced , by Rep. Michael J. Kelly SYNOPSIS AS INTRODUCED:
3	3	35 ILCS 200/15-171 new 35 ILCS 200/15-171 new
4	4	35 ILCS 200/15-171 new
5	5	Amends the Property Tax Code. Creates a homestead exemption for surviving spouses of fallen police officers and fallen rescue workers in an amount equal to 50% of the equalized assessed value of the property so long as the surviving spouse continues to reside at the qualified residence and does not remarry. Effective immediately.
6	6	LRB103 27092 HLH 53460 b LRB103 27092 HLH 53460 b
7	7	LRB103 27092 HLH 53460 b
8	8	A BILL FOR
9	9	HB2950LRB103 27092 HLH 53460 b HB2950 LRB103 27092 HLH 53460 b
10	10	HB2950 LRB103 27092 HLH 53460 b
11	11	1 AN ACT concerning revenue.
12	12	2 Be it enacted by the People of the State of Illinois,
13	13	3 represented in the General Assembly:
14	14	4 Section 5. The Property Tax Code is amended by adding
15	15	5 Section 15-171 as follows:
16	16	6 (35 ILCS 200/15-171 new)
17	17	7 Sec. 15-171. Homestead exemption for surviving spouses of
18	18	8 fallen police officers or rescue workers.
19	19	9 (a) Beginning with taxable year 2024, an annual homestead
20	20	10 exemption is granted for property that is used as a qualified
21	21	11 residence by the surviving spouse of a fallen police officer
22	22	12 or rescue worker as long as the surviving spouse continues to
23	23	13 reside at the qualified residence and does not remarry. The
24	24	14 amount of the exemption is 50% of the equalized assessed value
25	25	15 of the property.
26	26	16 (b) If a homestead exemption is granted under this Section
27	27	17 and the person awarded the exemption subsequently becomes a
28	28	18 resident of a facility licensed under the Nursing Home Care
29	29	19 Act or a facility operated by the United States Department of
30	30	20 Veterans Affairs, then the exemption shall continue if the
31	31	21 residence remains unoccupied but is still owned by the person
32	32	22 who qualified for the homestead exemption.
33	33	23 (c) If the person qualifying for the exemption does not
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37	37	103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 HB2950 Introduced , by Rep. Michael J. Kelly SYNOPSIS AS INTRODUCED:
38	38	35 ILCS 200/15-171 new 35 ILCS 200/15-171 new
39	39	35 ILCS 200/15-171 new
40	40	Amends the Property Tax Code. Creates a homestead exemption for surviving spouses of fallen police officers and fallen rescue workers in an amount equal to 50% of the equalized assessed value of the property so long as the surviving spouse continues to reside at the qualified residence and does not remarry. Effective immediately.
41	41	LRB103 27092 HLH 53460 b LRB103 27092 HLH 53460 b
42	42	LRB103 27092 HLH 53460 b
43	43	A BILL FOR
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49	49	35 ILCS 200/15-171 new
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68	68	1 occupy the qualified residence as of January 1 of the taxable
69	69	2 year, the exemption granted under this Section shall be
70	70	3 prorated on a monthly basis. The prorated exemption shall
71	71	4 apply beginning with the first complete month in which the
72	72	5 person occupies the qualified residence.
73	73	6 (d) Each taxpayer who has been granted an exemption under
74	74	7 this Section must reapply on an annual basis. Application must
75	75	8 be made during the application period in effect for the county
76	76	9 in which the property is located. The assessor or chief county
77	77	10 assessment officer may determine the eligibility of
78	78	11 residential property to receive the homestead exemption
79	79	12 provided by this Section by application, visual inspection,
80	80	13 questionnaire, or other reasonable methods. The determination
81	81	14 must be made in accordance with guidelines established by the
82	82	15 Department.
83	83	16 (e) The exemption under this Section is in addition to any
84	84	17 other homestead exemption provided in this Article 15.
85	85	18 Notwithstanding Sections 6 and 8 of the State Mandates Act, no
86	86	19 reimbursement by the State is required for the implementation
87	87	20 of any mandate created by this Section.
88	88	21 (f) As used in this Section:
89	89	22 "Fallen police officer or rescue worker" means an
90	90	23 individual who dies at any time prior to the last day of the
91	91	24 application period for the exemption under this Section for
92	92	25 the taxable year for which the exemption is sought and who dies
93	93	26 either (i) as a result of or in the course of employment as a
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104	104	1 police officer or (ii) while in the active service of a fire,
105	105	2 rescue, or emergency medical service.
106	106	3 "Fallen police officer or rescue worker" does not include
107	107	4 any individual whose death was the result of that individual's
108	108	5 own willful misconduct or abuse of alcohol or drugs.
109	109	6 "Qualified residence" means property in the State that was
110	110	7 used as the primary residence of the fallen police officer or
111	111	8 rescue worker at the time of his or her death.
112	112	9 Section 99. Effective date. This Act takes effect upon
113	113	10 becoming law.
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