Illinois General Assembly - Bill Status for HB2553

Synopsis As Introduced
Amends the Property Tax Code. In provisions concerning the homestead exemption for veterans with disabilities, provides that: (1) if the veteran has a service-connected disability of 30% or more but less than 50%, then the annual exemption is 30% of the assessed value of the property; (2) if the veteran has a service-connected disability of 50% or more but less than 70%, then the annual exemption is 50% of the assessed value of the property; and (3) if the veteran has a service-connected disability of 70% or more, then the property is exempt from taxation. Effective immediately.

Actions

Date	Chamber	Action
2/15/2023	House	Filed with the Clerk by Rep. Janet Yang Rohr
2/15/2023	House	First Reading
2/15/2023	House	Referred to Rules Committee
2/22/2023	House	Added Co-Sponsor Rep. Diane Blair-Sherlock
2/28/2023	House	Assigned to Revenue & Finance Committee
3/9/2023	House	To Revenue - Property Tax Subcommittee
3/10/2023	House	Rule 19(a) / Re-referred to Rules Committee

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