HB0273 96TH GENERAL ASSEMBLY

LRB096 04687 RCE 14748 b

96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010
HB0273

Introduced 1/23/2009, by Rep. Ron Stephens - Timothy L. Schmitz

SYNOPSIS AS INTRODUCED:

35 ILCS 200/18-179 new

Amends the Property Tax Code. Requires the county clerk to abate a percentage of the property taxes levied on each parcel of property that is owned and used exclusively as a home by a disabled veteran, or the spouse or unmarried surviving spouse of the veteran. Provides that the percentage of taxes to be abated is equal to the percentage of disability of the veteran. Effective immediately.

FISCAL NOTE ACT MAY APPLY

HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY

A BILL FOR

AN ACT concerning revenue.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Property Tax Code is amended by adding Section 18-179 as follows:

(35 ILCS 200/18-179 new)

Sec. 18-179. Abatement for the residence of disabled veterans.

(a) The county clerk shall abate a percentage of the taxes levied on each parcel of property that is owned and used exclusively by a disabled veteran, or the spouse or unmarried surviving spouse of the veteran, as a home. The percentage of taxes to be abated is equal to the percentage of disability of the veteran, as certified by the United States Department of Veterans Affairs.

(b) As used in this Section:

"Disabled veteran" means a veteran who was honorably discharged with a service-connected disability and for whom documentation, in any form, from any branch of the United States Armed Forces has been issued certifying that the veteran suffers from a disability.

"Veteran" means an Illinois resident who has served as a member of the United States Armed Forces on active duty or State active duty, a member of the Illinois National Guard, or a member of the United States Reserve Forces.

(c) This Section applies to taxes levied in the 2008 taxable year and thereafter.

Section 99. Effective date. This Act takes effect upon becoming law.