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]

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Bill Drafts

Revision	Date	Format	Source	View
Amended	2014-04-02	HTML/Text	Link	View
Amended	2014-04-01	HTML/Text	Link	View
Introduced	2014-02-14	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois SB3316

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois SB3316 currently on file.

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