PROP TAX-VETERANS RESIDENCE House SponsorsRep. Jim Durkin 1/10/2023HouseSession Sine Die 35 ILCS 200/15-169 Amends the Property Tax Code. In provisions concerning the homestead exemption for veterans with disabilities, provides that, beginning in tax year 2023, if the veteran has a service connected disability of 70% or more, and his or her property has an equalized assessed value that is equal to or greater than the maximum allowable amount for the tax year, then the property is considered qualified property and is exempt from taxation under the Code up to the maximum allowable amount for the tax year. Indexes the maximum allowable amount to the percentage increase, if any, in the Consumer Price Index. Effective immediately. 1/27/2022HouseFiled with the Clerk by Rep. Jim Durkin 1/27/2022HouseFirst Reading 1/27/2022HouseReferred to Rules Committee 2/9/2022HouseAssigned to Revenue & Finance Committee 2/15/2022HouseTo Property Tax Subcommittee 2/18/2022HouseRule 19(a) / Re-referred to Rules Committee 1/10/2023HouseSession Sine Die