92nd General Assembly
Status of HB3801
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   35 ILCS 200/15-165                                                          
   30 ILCS 805/8.26 new                                                        

        Amends the Property Tax Code.  Changes the exemption for disabled      
   veterans. The exemption now applies only to property up to an assessed      
   value of $58,000 owned and used exclusively as a home  by  a  disabled      
   veteran  found  eligible  for specially adapted housing by the federal      
   government or the spouse or unmarried surviving spouse of the veteran.      
   This amendatory Act provides that the exemption applies,  for  taxable      
   years  2002  and thereafter, to the first $58,000 in assessed value of      
   property owned and used exclusively by  a  disabled  veteran,  or  the      
   spouse  or  unmarried  surviving  spouse  of  the  veteran, as a home.      
   Provides that a disabled veteran is a person who served  in  the  U.S.      
   Armed  Forces  and  (i)  who  was found 100% disabled and eligible for      
   disabled veterans benefits or (ii) who was found disabled and eligible      
   for Social Security Disability or  SSI  benefits.   Amends  the  State      
   Mandates Act to require implementation without reimbursement.               
   JAN-16-2002  H  FILED WITH CLERK                                               
   JAN-17-2002  H  FIRST READING                                                  
   JAN-17-2002  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   JAN-07-2003  H  SESSION SINE DIE                                               


 Full Text  Bill Summary