101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020
HB4764

 

Introduced 2/18/2020, 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).


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FISCAL NOTE ACT MAY APPLY
HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY

 

 

A BILL FOR

 

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1    AN ACT concerning revenue.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Property Tax Code is amended by changing
5Section 15-165 as follows:
 
6    (35 ILCS 200/15-165)
7    Sec. 15-165. Veterans with disabilities. Property up to an
8assessed value of $350,000 $100,000, owned and used exclusively
9by a veteran with a disability, or the spouse or unmarried
10surviving spouse of the veteran, as a home, is exempt. As used
11in this Section, a "veteran with a disability" means a person
12who has served in the Armed Forces of the United States and
13whose disability is of such a nature that the Federal
14Government has authorized payment for purchase or construction
15of Specially Adapted Housing as set forth in the United States
16Code, Title 38, Chapter 21, Section 2101.
17    The exemption applies to housing where Federal funds have
18been used to purchase or construct special adaptations to suit
19the veteran's disability.
20    The exemption also applies to housing that is specially
21adapted to suit the veteran's disability, and purchased
22entirely or in part by the proceeds of a sale, casualty loss
23reimbursement, or other transfer of a home for which the

 

 

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1Federal Government had previously authorized payment for
2purchase or construction as Specially Adapted Housing.
3    However, the entire proceeds of the sale, casualty loss
4reimbursement, or other transfer of that housing shall be
5applied to the acquisition of subsequent specially adapted
6housing to the extent that the proceeds equal the purchase
7price of the subsequently acquired housing.
8    Beginning with the 2015 tax year, the exemption also
9applies to housing that is specifically constructed or adapted
10to suit a qualifying veteran's disability if the housing or
11adaptations are donated by a charitable organization, the
12veteran has been approved to receive funds for the purchase or
13construction of Specially Adapted Housing under Title 38,
14Chapter 21, Section 2101 of the United States Code, and the
15home has been inspected and certified by a licensed home
16inspector to be in compliance with applicable standards set
17forth in U.S. Department of Veterans Affairs, Veterans Benefits
18Administration Pamphlet 26-13 Handbook for Design of Specially
19Adapted Housing.
20    For purposes of this Section, "charitable organization"
21means any benevolent, philanthropic, patriotic, or
22eleemosynary entity that solicits and collects funds for
23charitable purposes and includes each local, county, or area
24division of that charitable organization.
25    For purposes of this Section, "unmarried surviving spouse"
26means the surviving spouse of the veteran at any time after the

 

 

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1death of the veteran during which such surviving spouse is not
2married.
3    This exemption must be reestablished on an annual basis by
4certification from the Illinois Department of Veterans'
5Affairs to the Department, which shall forward a copy of the
6certification to local assessing officials.
7    A taxpayer who claims an exemption under Section 15-168 or
815-169 may not claim an exemption under this Section.
9(Source: P.A. 98-1145, eff. 12-30-14; 99-143, eff. 7-27-15.)