<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 2551   </title>
<shortdesc>PROP TAX-EXEMPT DISABLED VETS</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Jack D. Franks-Thomas Holbrook-Patrick J Verschoore-Karen A. Yarbrough, Terry R. Parke, William B. Black, Jim Sacia, Timothy L. Schmitz, John A. Fritchey and Ruth Munson</sponsors>
</sponsor>
<lastaction>
<statusdate>1/9/2007</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>35 ILCS 200/15-165</reference><aliasreference></aliasreference><reference>30 ILCS 805/8.29 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Property Tax Code. Changes the exemption for disabled veterans. The exemption now applies only to property up to an assessed value of $58,000 owned and used exclusively as a home by a disabled veteran found eligible for specially adapted housing by the federal government or the spouse or unmarried surviving spouse of the veteran. This amendatory Act provides that the exemption applies, for taxable years 2005 and thereafter, to the first $58,000 in assessed value of property owned and used exclusively by a disabled veteran, or the spouse or unmarried surviving spouse of the veteran, as a home. Provides that a "disabled veteran" is a veteran who has been awarded a 100% service-connected disability, permanent and total with no further examinations, by the United States Department of Veterans Affairs. Amends the State Mandates Act to require implementation without reimbursement.</SynopsisText></synopsis>
<actions>
<statusdate>2/18/2005</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Jack D. Franks</action>
<statusdate>2/18/2005</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/18/2005</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/23/2005</statusdate><chamber>House</chamber><action>Assigned to Revenue Committee</action>
<statusdate>3/10/2005</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>2/8/2006</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Terry R. Parke</action>
<statusdate>2/21/2006</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. William B. Black</action>
<statusdate>2/21/2006</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Thomas Holbrook</action>
<statusdate>2/21/2006</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Patrick J Verschoore</action>
<statusdate>2/28/2006</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Jim Sacia</action>
<statusdate>3/3/2006</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Timothy L. Schmitz</action>
<statusdate>3/3/2006</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. John A. Fritchey</action>
<statusdate>3/3/2006</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Ruth Munson</action>
<statusdate>3/23/2006</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Karen A. Yarbrough</action>
<statusdate>1/9/2007</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

