95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008
HB4197

 

Introduced , by Rep. Ron Stephens

 

SYNOPSIS AS INTRODUCED:
 
35 ILCS 200/18-179 new

    Amends the Property Tax Code. Requires the county clerk to abate a percentage of the property taxes levied on each parcel of property that is owned and used exclusively as a home by a disabled veteran, or the spouse or unmarried surviving spouse of the veteran. Provides that the percentage of taxes to be abated is equal to the percentage of disability of the veteran. Effective immediately.


LRB095 15145 BDD 41110 b

FISCAL NOTE ACT MAY APPLY
HOUSING AFFORDABILITY IMPACT NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB4197 LRB095 15145 BDD 41110 b

1     AN ACT concerning revenue.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 5. The Property Tax Code is amended by adding
5 Section 18-179 as follows:
 
6     (35 ILCS 200/18-179 new)
7     Sec. 18-179. Abatement for the residence of disabled
8 veterans.
9     (a) The county clerk shall abate a percentage of the taxes
10 levied on each parcel of property that is owned and used
11 exclusively by a disabled veteran, or the spouse or unmarried
12 surviving spouse of the veteran, as a home. The percentage of
13 taxes to be abated is equal to the percentage of disability of
14 the veteran, as certified by the United States Department of
15 Veterans Affairs.
16     (b) As used in this Section:
17     "Disabled veteran" means a veteran who was honorably
18 discharged with a service-connected disability and for whom
19 documentation, in any form, from any branch of the United
20 States Armed Forces has been issued certifying that the veteran
21 suffers from a disability.
22     "Veteran" means an Illinois resident who has served as a
23 member of the United States Armed Forces on active duty or

 

 

HB4197 - 2 - LRB095 15145 BDD 41110 b

1 State active duty, a member of the Illinois National Guard, or
2 a member of the United States Reserve Forces.
3     (c) This Section applies to taxes levied in the 2008
4 taxable year and thereafter.
 
5     Section 99. Effective date. This Act takes effect upon
6 becoming law.