Full Text of SB0107 99th General Assembly
SB0107enr 99TH GENERAL ASSEMBLY |
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| 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 Property Tax Code is amended by changing | 5 | | Section 15-169 and by adding Section 10-23 as follows: | 6 | | (35 ILCS 200/10-23 new) | 7 | | Sec. 10-23. Improvements to residential property; | 8 | | accessibility. | 9 | | (a) Accessibility improvements made to residential | 10 | | property shall not increase the assessed valuation of the | 11 | | property for a period of 7 years after the improvements are | 12 | | completed. | 13 | | (b) For the purposes of this Section, "accessibility | 14 | | improvement" means a home modification listed under the Home | 15 | | Services Program administered by the Department of Human | 16 | | Services (Part 686 of Title 89 of the Illinois Administrative | 17 | | Code), including, but not limited to the installation of ramps | 18 | | and grab-bars, widening door-ways, and other changes to enhance | 19 | | the independence of a disabled or elderly individual. | 20 | | (35 ILCS 200/15-169) | 21 | | Sec. 15-169. Disabled veterans standard homestead | 22 | | exemption. |
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| 1 | | (a) Beginning with taxable year 2007, an annual homestead | 2 | | exemption, limited to the amounts set forth in subsections (b) | 3 | | and (b-3) subsection (b) , is granted for property that is used | 4 | | as a qualified residence by a disabled veteran. | 5 | | (b) For taxable years prior to 2015, the The amount of the | 6 | | exemption under this Section is as follows: | 7 | | (1) for veterans with a service-connected disability | 8 | | of at least (i) 75% for exemptions granted in taxable years | 9 | | 2007 through 2009 and (ii) 70% for exemptions granted in | 10 | | taxable year 2010 and each taxable year thereafter, as | 11 | | certified by the United States Department of Veterans | 12 | | Affairs, the annual exemption is $5,000; and | 13 | | (2) for veterans with a service-connected disability | 14 | | of at least 50%, but less than (i) 75% for exemptions | 15 | | granted in taxable years 2007 through 2009 and (ii) 70% for | 16 | | exemptions granted in taxable year 2010 and each taxable | 17 | | year thereafter, as certified by the United States | 18 | | Department of Veterans Affairs, the annual exemption is | 19 | | $2,500. | 20 | | (b-3) For taxable years 2015 and thereafter: | 21 | | (1) if the veteran has a service connected disability | 22 | | of 30% or more but less than 50%, as certified by the | 23 | | United States Department of Veterans Affairs, then the | 24 | | annual exemption is $2,500; | 25 | | (2) if the veteran has a service connected disability | 26 | | of 50% or more but less than 70%, as certified by the |
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| 1 | | United States Department of Veterans Affairs, then the | 2 | | annual exemption is $5,000; and | 3 | | (3) if the veteran has a service connected disability | 4 | | of 70% or more, as certified by the United States | 5 | | Department of Veterans Affairs, then the property is exempt | 6 | | from taxation under this Code. | 7 | | (b-5) If a homestead exemption is granted under this | 8 | | Section and the person awarded the exemption subsequently | 9 | | becomes a resident of a facility licensed under the Nursing | 10 | | Home Care Act or a facility operated by the United States | 11 | | Department of Veterans Affairs, then the exemption shall | 12 | | continue (i) so long as the residence continues to be occupied | 13 | | by the qualifying person's spouse or (ii) if the residence | 14 | | remains unoccupied but is still owned by the person who | 15 | | qualified for the homestead exemption. | 16 | | (c) The tax exemption under this Section carries over to | 17 | | the benefit of the veteran's
surviving spouse as long as the | 18 | | spouse holds the legal or
beneficial title to the homestead, | 19 | | permanently resides
thereon, and does not remarry. If the | 20 | | surviving spouse sells
the property, an exemption not to exceed | 21 | | the amount granted
from the most recent ad valorem tax roll may | 22 | | be transferred to
his or her new residence as long as it is | 23 | | used as his or her
primary residence and he or she does not | 24 | | remarry. | 25 | | (c-1) Beginning with taxable year 2015, nothing in this | 26 | | Section shall require the veteran to have qualified for or |
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| 1 | | obtained the exemption before death if the veteran was killed | 2 | | in the line of duty. | 3 | | (d) The exemption under this Section applies for taxable | 4 | | year 2007 and thereafter. A taxpayer who claims an exemption | 5 | | under Section 15-165 or 15-168 may not claim an exemption under | 6 | | this Section. | 7 | | (e) Each taxpayer who has been granted an exemption under | 8 | | this Section must reapply on an annual basis. Application must | 9 | | be made during the application period
in effect for the county | 10 | | of his or her residence. The assessor
or chief county | 11 | | assessment officer may determine the
eligibility of | 12 | | residential property to receive the homestead
exemption | 13 | | provided by this Section by application, visual
inspection, | 14 | | questionnaire, or other reasonable methods. The
determination | 15 | | must be made in accordance with guidelines
established by the | 16 | | Department. | 17 | | (f) For the purposes of this Section: | 18 | | "Qualified residence" means real
property, but less any | 19 | | portion of that property that is used for
commercial purposes, | 20 | | with an equalized assessed value of less than $250,000 that is | 21 | | the disabled veteran's primary residence. Property rented for | 22 | | more than 6 months is
presumed to be used for commercial | 23 | | purposes. | 24 | | "Veteran" means an Illinois resident who has served as a
| 25 | | member of the United States Armed Forces on active duty or
| 26 | | State active duty, a member of the Illinois National Guard, or
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| 1 | | a member of the United States Reserve Forces and who has | 2 | | received an honorable discharge. | 3 | | (Source: P.A. 97-333, eff. 8-12-11; 98-1145, eff. 12-30-14.) | 4 | | Section 99. Effective date. This Act takes effect upon | 5 | | becoming law. |
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