State of Illinois
91st General Assembly

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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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