Illinois 2025-2026 Regular Session

Illinois House Bill HB2828 Latest Draft

Bill / Introduced Version Filed 02/05/2025

                            104TH GENERAL ASSEMBLY
 State of Illinois
 2025 and 2026 HB2828 Introduced , by Rep. Charles Meier SYNOPSIS AS INTRODUCED: 20 ILCS 2505/2505-820 new30 ILCS 105/5.1030 new Amends the Department of Revenue Law of the Civil Administrative Code of Illinois. Requires eligible school districts to report to the Department of Revenue (i) the total amount of veterans' homestead exemptions granted for the 2024 levy year for property located in the eligible school district and (ii) the total amount of veterans' homestead exemptions granted for the current levy year for property located in the eligible school district. Provides that the Department shall certify the difference, if any, between the current levy year exemption amount and the levy year 2024 exemption amount for each eligible school district. Provides that those amounts shall be transferred from the General Revenue Fund to the Support our Veterans and Neighbors Fund. Provides that an "eligible school district" is a school district that contains residential property that is located within 45 miles of a United States military base. Creates the Support our Veterans and Neighbors Fund. Provides that moneys in the Support our Veterans and Neighbors Fund shall be used to make grants to eligible school districts. LRB104 03412 HLH 13434 b   A BILL FOR 104TH GENERAL ASSEMBLY
 State of Illinois
 2025 and 2026 HB2828 Introduced , by Rep. Charles Meier SYNOPSIS AS INTRODUCED:  20 ILCS 2505/2505-820 new30 ILCS 105/5.1030 new 20 ILCS 2505/2505-820 new  30 ILCS 105/5.1030 new  Amends the Department of Revenue Law of the Civil Administrative Code of Illinois. Requires eligible school districts to report to the Department of Revenue (i) the total amount of veterans' homestead exemptions granted for the 2024 levy year for property located in the eligible school district and (ii) the total amount of veterans' homestead exemptions granted for the current levy year for property located in the eligible school district. Provides that the Department shall certify the difference, if any, between the current levy year exemption amount and the levy year 2024 exemption amount for each eligible school district. Provides that those amounts shall be transferred from the General Revenue Fund to the Support our Veterans and Neighbors Fund. Provides that an "eligible school district" is a school district that contains residential property that is located within 45 miles of a United States military base. Creates the Support our Veterans and Neighbors Fund. Provides that moneys in the Support our Veterans and Neighbors Fund shall be used to make grants to eligible school districts.  LRB104 03412 HLH 13434 b     LRB104 03412 HLH 13434 b   A BILL FOR
104TH GENERAL ASSEMBLY
 State of Illinois
 2025 and 2026 HB2828 Introduced , by Rep. Charles Meier SYNOPSIS AS INTRODUCED:
20 ILCS 2505/2505-820 new30 ILCS 105/5.1030 new 20 ILCS 2505/2505-820 new  30 ILCS 105/5.1030 new
20 ILCS 2505/2505-820 new
30 ILCS 105/5.1030 new
Amends the Department of Revenue Law of the Civil Administrative Code of Illinois. Requires eligible school districts to report to the Department of Revenue (i) the total amount of veterans' homestead exemptions granted for the 2024 levy year for property located in the eligible school district and (ii) the total amount of veterans' homestead exemptions granted for the current levy year for property located in the eligible school district. Provides that the Department shall certify the difference, if any, between the current levy year exemption amount and the levy year 2024 exemption amount for each eligible school district. Provides that those amounts shall be transferred from the General Revenue Fund to the Support our Veterans and Neighbors Fund. Provides that an "eligible school district" is a school district that contains residential property that is located within 45 miles of a United States military base. Creates the Support our Veterans and Neighbors Fund. Provides that moneys in the Support our Veterans and Neighbors Fund shall be used to make grants to eligible school districts.
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A BILL FOR
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  HB2828  LRB104 03412 HLH 13434 b
1  AN ACT concerning revenue.
2  Be it enacted by the People of the State of Illinois,
3  represented in the General Assembly:
4  Section 5. The Department of Revenue Law of the Civil
5  Administrative Code of Illinois is amended by adding Section
6  2505-820 as follows:
7  (20 ILCS 2505/2505-820 new)
8  Sec. 2505-820. Property tax reimbursement; veterans.
9  (a) As used in this Section:
10  "Base amount" means the total amount of exemptions granted
11  for the 2024 levy year under Sections 15-165, 15-167, and
12  15-169 of the Property Tax Code for property that is located in
13  an eligible school district in the 2024 levy year.
14  "Current taxable year" means the taxable year for which
15  property taxes are collected in the calendar year in which the
16  report under subsection (b) is made.
17  "Current taxable year exemption amount" means the total
18  amount of exemptions granted for the current taxable year
19  under Sections 15-165, 15-167, and 15-169 of the Property Tax
20  Code for property that is located in an eligible school
21  district.
22  "Eligible school district" means a school district that,
23  in the levy year for which the report under subsection (b) is

 

104TH GENERAL ASSEMBLY
 State of Illinois
 2025 and 2026 HB2828 Introduced , by Rep. Charles Meier SYNOPSIS AS INTRODUCED:
20 ILCS 2505/2505-820 new30 ILCS 105/5.1030 new 20 ILCS 2505/2505-820 new  30 ILCS 105/5.1030 new
20 ILCS 2505/2505-820 new
30 ILCS 105/5.1030 new
Amends the Department of Revenue Law of the Civil Administrative Code of Illinois. Requires eligible school districts to report to the Department of Revenue (i) the total amount of veterans' homestead exemptions granted for the 2024 levy year for property located in the eligible school district and (ii) the total amount of veterans' homestead exemptions granted for the current levy year for property located in the eligible school district. Provides that the Department shall certify the difference, if any, between the current levy year exemption amount and the levy year 2024 exemption amount for each eligible school district. Provides that those amounts shall be transferred from the General Revenue Fund to the Support our Veterans and Neighbors Fund. Provides that an "eligible school district" is a school district that contains residential property that is located within 45 miles of a United States military base. Creates the Support our Veterans and Neighbors Fund. Provides that moneys in the Support our Veterans and Neighbors Fund shall be used to make grants to eligible school districts.
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20 ILCS 2505/2505-820 new
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1  made, contains residential property that is located within 45
2  miles of a United States military base.
3  (b) By March 1, 2026, and by March 1 of each calendar year
4  thereafter, each eligible school district shall report to the
5  Department of Revenue (i) the base amount for that school
6  district and (ii) the current taxable year exemption amount
7  for that school district.
8  (c) By April 1 of each year, the Department of Revenue
9  shall certify to the State Comptroller and the State Treasurer
10  the difference, if any, between the current taxable year
11  exemption amount for each eligible school district and the
12  base amount for that school district. Upon receipt of the
13  certification, the Comptroller shall order transferred and the
14  Treasurer shall transfer the certified amount from the General
15  Revenue Fund to the Support our Veterans and Neighbors Fund.
16  (d) The Support our Veterans and Neighbors Fund is hereby
17  created as a special fund in the State treasury. Moneys in the
18  Fund shall be used by the Department of Veterans' Affairs to
19  make grants to eligible school districts. The amount of the
20  grant shall be the amount certified under subsection (c) for
21  that school district.
22  Section 10. The State Finance Act is amended by adding
23  Section 5.1030 as follows:
24  (30 ILCS 105/5.1030 new)

 

 

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