State of Illinois
92nd General Assembly
Legislation

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92_HB2383

 
                                               LRB9201910SMdv

 1        AN ACT in relation to taxes.

 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  changing
 5    Section 15-165 as follows:

 6        (35 ILCS 200/15-165)
 7        Sec. 15-165.  Disabled veterans.
 8        (a)  For  taxable  years  2001  and thereafter, the first
 9    $58,000 in assessed value of property up to an assessed value
10    of $58,000, owned and used exclusively by a disabled veteran,
11    or the spouse or unmarried surviving spouse of  the  veteran,
12    as a home, is exempt.
13        (b)  As used in this Section:
14        "Disabled  veteran"  means a person who has served in the
15    Armed Forces of the United States and (i) who was found  100%
16    disabled  under  38  U.S.C.,  Chapter  11  (Disabled Veterans
17    Benefits) or (ii) who was found  disabled  under  42  U.S.C.,
18    Chapter  7,  Subchapter  II  (Federal Old-Age, Survivors, and
19    Disability  Insurance  Benefits)or  42  U.S.C.,  Chapter   7,
20    Subchapter XVI (Supplemental Security Income for Aged, Blind,
21    and  Disabled).  As used in  this Section, a disabled veteran
22    means a person who has served in  the  Armed  Forces  of  the
23    United  States  and whose disability is of such a nature that
24    the Federal Government has authorized payment for purchase or
25    construction of Specially Adapted Housing as set forth in the
26    United States Code, Title 38, Chapter 21, Section 2101.
27        The exemption applies to housing where Federal funds have
28    been used to purchase or  construct  special  adaptations  to
29    suit the veteran's disability.
30        The  exemption  also applies to housing that is specially
31    adapted to  suit  the  veteran's  disability,  and  purchased
 
                            -2-                LRB9201910SMdv
 1    entirely  or in part by the proceeds of a sale, casualty loss
 2    reimbursement, or other transfer of  a  home  for  which  the
 3    Federal  Government  had  previously  authorized  payment for
 4    purchase or construction as Specially Adapted Housing.
 5        However, the entire proceeds of the sale,  casualty  loss
 6    reimbursement,  or  other  transfer  of that housing shall be
 7    applied to the acquisition of  subsequent  specially  adapted
 8    housing  to  the  extent that the proceeds equal the purchase
 9    price of the subsequently acquired housing.
10        For purposes of this Section,
11        "Unmarried surviving spouse" means the  surviving  spouse
12    of  the  veteran  at  any time after the death of the veteran
13    during which such surviving spouse is not married.
14        (c)  This exemption must be reestablished  on  an  annual
15    basis  by  certification  from  the  Illinois  Department  of
16    Veterans'  Affairs  to  the Department, which shall forward a
17    copy of the certification to local assessing officials.
18    (Source: P.A. 91-401, eff. 1-1-00.)

19        Section 90.  The State Mandates Act is amended by  adding
20    Section 8.25 as follows:

21        (30 ILCS 805/8.25 new)
22        Sec.  8.25.  Exempt  mandate.  Notwithstanding Sections 6
23    and 8 of this Act, no reimbursement by the State is  required
24    for  the  implementation  of  any  mandate  created  by  this
25    amendatory Act of the 92nd General Assembly.

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