HB5378 - 104th General Assembly (2025-2026)

PROP TX-VETERANS W/DISABILITY
Last Action
2/10/2026 - House: Referred to Rules Committee
Statutes Amended In Order of Appearance
35 ILCS 200/15-169  
Synopsis As Introduced
Amends the Property Tax Code. In provisions concerning the homestead exemption for veterans with disabilities and veterans of World War II, provides that, if the veteran has a service-connected disability of 50% or more, then the first $250,000 in equalized assessed value of the property is exempt from taxation under the Code (currently, if the veteran has a service-connected disability of 50% or more but less than 70%, the annual exemption is $5,000, and, if the veteran has a service-connected disability of 70% or more, then the first $250,000 in equalized assessed value of the property is exempt). Effective immediately.
Actions
DateChamberAction
2/06/2026HouseFiled with the Clerk by Rep. Wayne A. Rosenthal
2/10/2026HouseFirst Reading
2/10/2026HouseReferred to Rules Committee