HB4952 - 104th General Assembly (2025-2026)

PROP TX-VETERANS DISABILITY
Last Action
2/06/2026 - House: Referred to Rules Committee
Statutes Amended In Order of Appearance
35 ILCS 200/15-169  
Synopsis As Introduced
Amends the Property Tax Code. Provides that, for the purpose of granting the homestead exemption for veterans with disabilities, for taxable years 2025 and thereafter, if the veteran has a service connected disability of 60% or more, then the property is exempt from taxation under the Code (currently, if the veteran has a service connected disability of 70% or more, then the first $250,000 in equalized assessed value is exempt from taxation under the Code). Effective immediately.
Actions
DateChamberAction
2/04/2026HouseFiled with the Clerk by Rep. Michael J. Coffey, Jr.
2/06/2026HouseFirst Reading
2/06/2026HouseReferred to Rules Committee