[ Search ] [ PDF text ] [ Legislation ]
[ Home ] [ Back ] [ Bottom ]
92_HB2383 LRB9201910SMdv 1 AN ACT in relation to taxes. 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 15-165 as follows: 6 (35 ILCS 200/15-165) 7 Sec. 15-165. Disabled veterans. 8 (a) For taxable years 2001 and thereafter, the first 9 $58,000 in assessed value of propertyup to an assessed value10of $58,000,owned and used exclusively by a disabled veteran, 11 or the spouse or unmarried surviving spouse of the veteran, 12 as a home, is exempt. 13 (b) As used in this Section: 14 "Disabled veteran" means a person who has served in the 15 Armed Forces of the United States and (i) who was found 100% 16 disabled under 38 U.S.C., Chapter 11 (Disabled Veterans 17 Benefits) or (ii) who was found disabled under 42 U.S.C., 18 Chapter 7, Subchapter II (Federal Old-Age, Survivors, and 19 Disability Insurance Benefits)or 42 U.S.C., Chapter 7, 20 Subchapter XVI (Supplemental Security Income for Aged, Blind, 21 and Disabled).As used in this Section, a disabled veteran22means a person who has served in the Armed Forces of the23United States and whose disability is of such a nature that24the Federal Government has authorized payment for purchase or25construction of Specially Adapted Housing as set forth in the26United States Code, Title 38, Chapter 21, Section 2101.27The exemption applies to housing where Federal funds have28been used to purchase or construct special adaptations to29suit the veteran's disability.30The exemption also applies to housing that is specially31adapted to suit the veteran's disability, and purchased-2- LRB9201910SMdv 1entirely or in part by the proceeds of a sale, casualty loss2reimbursement, or other transfer of a home for which the3Federal Government had previously authorized payment for4purchase or construction as Specially Adapted Housing.5However, the entire proceeds of the sale, casualty loss6reimbursement, or other transfer of that housing shall be7applied to the acquisition of subsequent specially adapted8housing to the extent that the proceeds equal the purchase9price of the subsequently acquired housing.10For purposes of this Section,11 "Unmarried surviving spouse" means the surviving spouse 12 of the veteran at any time after the death of the veteran 13 during which such surviving spouse is not married. 14 (c) This exemption must be reestablished on an annual 15 basis by certification from the Illinois Department of 16 Veterans' Affairs to the Department, which shall forward a 17 copy of the certification to local assessing officials. 18 (Source: P.A. 91-401, eff. 1-1-00.) 19 Section 90. The State Mandates Act is amended by adding 20 Section 8.25 as follows: 21 (30 ILCS 805/8.25 new) 22 Sec. 8.25. Exempt mandate. Notwithstanding Sections 6 23 and 8 of this Act, no reimbursement by the State is required 24 for the implementation of any mandate created by this 25 amendatory Act of the 92nd General Assembly.