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91_SB1198enr SB1198 Enrolled LRB9101081PTpk 1 AN ACT to amend the Property Tax Code by changing Section 2 15-165. 3 Be it enacted by the People of the State of Illinois, 4 represented in the General Assembly: 5 Section 5. The Property Tax Code is amended by changing 6 Section 15-165 as follows: 7 (35 ILCS 200/15-165) 8 Sec. 15-165. Disabled veterans. Property up to an 9 assessed value of $58,000
$50,000, owned and used exclusively 10 by a disabled veteran, or the spouse or unmarried surviving 11 spouse of the veteran, as a home, is exempt. As used in this 12 Section, a disabled veteran means a person who has served in 13 the Armed Forces of the United States and whose disability is 14 of such a nature that the Federal Government has authorized 15 payment for purchase or construction of Specially Adapted 16 Housing as set forth in the United States Code, Title 38, 17 Chapter 21, Section 2101. 18 The exemption applies to housing where Federal funds have 19 been used to purchase or construct special adaptations to 20 suit the veteran's disability. 21 The exemption also applies to housing that is specially 22 adapted to suit the veteran's disability, and purchased 23 entirely or in part by the proceeds of a sale, casualty loss 24 reimbursement, or other transfer of a home for which the 25 Federal Government had previously authorized payment for 26 purchase or construction as Specially Adapted Housing. 27 However, the entire proceeds of the sale, casualty loss 28 reimbursement, or other transfer of that housing shall be 29 applied to the acquisition of subsequent specially adapted 30 housing to the extent that the proceeds equal the purchase 31 price of the subsequently acquired housing. SB1198 Enrolled -2- LRB9101081PTpk 1 For purposes of this Section, "unmarried surviving 2 spouse" means the surviving spouse of the veteran at any time 3 after the death of the veteran during which such surviving 4 spouse is not married. 5 This exemption must be reestablished on an annual basis 6 by certification from the Illinois Department of Veterans' 7 Affairs to the Department, which shall forward a copy of the 8 certification to local assessing officials. 9 (Source: P.A. 86-162; 86-241; 86-1028; 88-455.) 10 Section 90. The State Mandates Act is amended by adding 11 Section 8.23 as follows: 12 (30 ILCS 805/8.23 new) 13 Sec. 8.23. Exempt mandate. Notwithstanding Sections 6 14 and 8 of this Act, no reimbursement by the State is required 15 for the implementation of any mandate created by this 16 amendatory Act of the 91st General Assembly.
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