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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 property
up to an assessed value10 of $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 veteran22 means a person who has served in the Armed Forces of the23 United States and whose disability is of such a nature that24 the Federal Government has authorized payment for purchase or25 construction of Specially Adapted Housing as set forth in the26 United States Code, Title 38, Chapter 21, Section 2101.27 The exemption applies to housing where Federal funds have28 been used to purchase or construct special adaptations to29 suit the veteran's disability.30 The exemption also applies to housing that is specially31 adapted to suit the veteran's disability, and purchased-2- LRB9201910SMdv 1 entirely or in part by the proceeds of a sale, casualty loss2 reimbursement, or other transfer of a home for which the3 Federal Government had previously authorized payment for4 purchase or construction as Specially Adapted Housing.5 However, the entire proceeds of the sale, casualty loss6 reimbursement, or other transfer of that housing shall be7 applied to the acquisition of subsequent specially adapted8 housing to the extent that the proceeds equal the purchase9 price of the subsequently acquired housing.10 For 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.
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