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1 | AN ACT concerning revenue.
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2 | Be it enacted by the People of the State of Illinois,
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3 | represented in the General Assembly:
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4 | Section 5. The Property Tax Code is amended by changing | ||||||||||||||||||||||||||
5 | Section 15-165 and by adding Section 15-166 as follows:
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6 | (35 ILCS 200/15-165)
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7 | Sec. 15-165. Disabled veterans.
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8 | Property up to an assessed value of $70,000,
owned and used | ||||||||||||||||||||||||||
9 | exclusively by a disabled veteran, or the spouse or unmarried
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10 | surviving spouse of the veteran, as a home, is exempt. As used | ||||||||||||||||||||||||||
11 | in this
Section, a disabled veteran means a person who has | ||||||||||||||||||||||||||
12 | served in the Armed Forces
of the United States and whose | ||||||||||||||||||||||||||
13 | disability is of such a nature that the Federal
Government has | ||||||||||||||||||||||||||
14 | authorized payment for purchase or construction of Specially
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15 | Adapted Housing as set forth in the United States Code, Title | ||||||||||||||||||||||||||
16 | 38, Chapter 21,
Section 2101.
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17 | The exemption applies to housing where Federal funds have | ||||||||||||||||||||||||||
18 | been used to
purchase or construct special adaptations to suit | ||||||||||||||||||||||||||
19 | the veteran's disability.
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20 | The exemption also applies to housing that is specially | ||||||||||||||||||||||||||
21 | adapted to suit the
veteran's disability, and purchased | ||||||||||||||||||||||||||
22 | entirely or in part by the proceeds of a
sale, casualty loss | ||||||||||||||||||||||||||
23 | reimbursement, or other transfer of a home for which the
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1 | Federal Government had previously authorized payment for | ||||||
2 | purchase or
construction as Specially Adapted Housing.
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3 | However, the entire proceeds of the sale, casualty loss | ||||||
4 | reimbursement, or
other transfer of that housing shall be | ||||||
5 | applied to the acquisition of
subsequent specially adapted | ||||||
6 | housing to the extent that the proceeds equal the
purchase | ||||||
7 | price of the subsequently acquired housing.
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8 | This exemption does not apply for any taxable year for | ||||||
9 | which the taxpayer receives an exemption under Section 15-166.
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10 | For purposes of this Section, "unmarried surviving spouse" | ||||||
11 | means the
surviving spouse of the veteran at any time after the | ||||||
12 | death of the veteran
during which such surviving spouse is not | ||||||
13 | married.
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14 | This exemption must be reestablished on an annual basis by
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15 | certification from the Illinois Department of Veterans' | ||||||
16 | Affairs to the
Department, which shall forward a copy of the | ||||||
17 | certification to local
assessing officials.
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18 | (Source: P.A. 94-310, eff. 7-25-05.)
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19 | (35 ILCS 200/15-166 new) | ||||||
20 | Sec. 15-166. Disabled veterans with 50% disability. | ||||||
21 | (a) This Section applies to taxable years 2007 and | ||||||
22 | thereafter.
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23 | (b) Property that is
owned and used exclusively by a | ||||||
24 | disabled veteran is exempt. As used in this
Section: "disabled | ||||||
25 | veteran" means a veteran who was honorably discharged with a |
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1 | service-connected disability and for whom documentation, in | ||||||
2 | any form, from any branch of the United States Armed Forces has | ||||||
3 | been issued certifying that the veteran suffers from a | ||||||
4 | disability of at least 50%; and "veteran" means an Illinois | ||||||
5 | resident who has served as a member of the United States Armed | ||||||
6 | Forces on active duty or State active duty, a member of the | ||||||
7 | Illinois National Guard, or a member of the United States | ||||||
8 | Reserve Forces. | ||||||
9 | (c) Every person who, on January 1, has the legal title to | ||||||
10 | real or personal property that is entitled to an exemption | ||||||
11 | under this Section must, on or before March 1 of each year, | ||||||
12 | file an application for the exemption with the chief county | ||||||
13 | assessment officer, listing and describing the property for | ||||||
14 | which exemption is claimed and certifying its ownership and | ||||||
15 | use. The Department of Revenue shall prescribe the forms upon | ||||||
16 | which the application is made. The failure to make an | ||||||
17 | application as required under this subsection constitutes a | ||||||
18 | waiver of the exemption privilege for that year. | ||||||
19 | The production by a veteran of a letter of disability from | ||||||
20 | the United States Government or United States Department of | ||||||
21 | Veterans Affairs or its predecessor, indicating a disability of | ||||||
22 | at least 50%, before the chief county assessment officer of the | ||||||
23 | county in which property of the veteran lies is prima facie | ||||||
24 | evidence of the fact that the veteran or the surviving spouse | ||||||
25 | is entitled to the exemption. | ||||||
26 | Once an original application for tax exemption has been |
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1 | granted, in each succeeding year on or before February 1, the | ||||||
2 | chief county assessment officer must mail a renewal application | ||||||
3 | to the applicant, and the officer shall accept from each | ||||||
4 | applicant a renewal application on a form to be prescribed by | ||||||
5 | the Department of Revenue. This renewal application shall be | ||||||
6 | accepted as evidence of exemption by the chief county | ||||||
7 | assessment officer unless he or she denies the application.
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