<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 2700         </title>
<shortdesc>PROP-TX-DISABLED VETERAN</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Julie A. Morrison, Michael W. Halpin and Jil Tracy</sponsors>
</sponsor>
<lastaction>
<statusdate>1/7/2025</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 200/15-169</reference><aliasreference></aliasreference><SynopsisText>Amends the Property Tax Code. In provisions concerning the homestead exemption for veterans with disabilities, provides that the exemption applies to all real property that is the primary residence of a veteran with a disability (currently, property with an equalized assessed value of less than $250,000 that is the primary residence of a veteran with a disability). Provides that, with respect to veterans with a service connected disability of 70% or more and surviving spouses of veterans whose deaths were service-connected, the first $250,000 in equalized assessed value of the property is exempt.</SynopsisText></synopsis>
<actions>
<statusdate>1/10/2024</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Julie A. Morrison</action>
<statusdate>1/10/2024</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>1/10/2024</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>1/31/2024</statusdate><chamber>Senate</chamber><action>Assigned to Revenue</action>
<statusdate>3/14/2024</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Michael W. Halpin</action>
<statusdate>3/14/2024</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Jil Tracy</action>
<statusdate>3/15/2024</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As April 5, 2024</action>
<statusdate>4/5/2024</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As May 3, 2024</action>
<statusdate>5/3/2024</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>1/7/2025</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

