Illinois General Assembly - Bill Status for SB2700

Synopsis As Introduced
Amends the Property Tax Code. In provisions concerning the homestead exemption for veterans with disabilities, provides that the exemption applies to all real property that is the primary residence of a veteran with a disability (currently, property with an equalized assessed value of less than $250,000 that is the primary residence of a veteran with a disability). Provides that, with respect to veterans with a service connected disability of 70% or more and surviving spouses of veterans whose deaths were service-connected, the first $250,000 in equalized assessed value of the property is exempt.

Actions

Date	Chamber	Action
1/10/2024	Senate	Filed with Secretary by Sen. Julie A. Morrison
1/10/2024	Senate	First Reading
1/10/2024	Senate	Referred to Assignments
1/31/2024	Senate	Assigned to Revenue
3/14/2024	Senate	Added as Co-Sponsor Sen. Michael W. Halpin
3/14/2024	Senate	Added as Co-Sponsor Sen. Jil Tracy
3/15/2024	Senate	Rule 2-10 Committee Deadline Established As April 5, 2024
4/5/2024	Senate	Rule 2-10 Committee Deadline Established As May 3, 2024

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