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Illinois Legislative Alert - SB836
06-01-2015, 09:04 AM, (This post was last modified: 06-01-2015, 09:04 AM by AcilletaM.)
#21
AcilletaM Offline
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RE: Illinois Legislative Alert - SB836
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Posts: 1,110
Threads: 82
Joined: Sep 2014
Reputation: 3
#21
06-01-2015, 09:04 AM (This post was last modified: 06-01-2015, 09:04 AM by AcilletaM.)
Also going to the Governor, Illinois SB 107. Changes the disable Veteran's homestead property tax credit from:
  • 50%-69.99% Service Connected - $2500 credit
  • 70% and above Service Connected - $5000 credit
to
  • 30%-49.99% Service Connected - $2500 credit
  • 50%-69.99% Service Connected - $5000 credit
  • 70% and above Service Connected - No property taxes

Effective for the 2015 taxes.

There is also an open Illinois Senate bill, SB 1903, that would exempt any property owned by a Veteran that has a rating of 30% or more service connection from property taxes.
Illinois SB 107. Changes the disable Veteran's homestead property tax credit from:
  • 50%-69.99% Service Connected - $2500 credit
  • 70% and above Service Connected - $5000 credit
to
  • 30%-49.99% Service Connected - $2500 credit
  • 50%-69.99% Service Connected - $5000 credit
  • 70% and above Service Connected - No property taxes

Effective for the 2015 taxes.

There is also an open Illinois Senate bill, SB 1903, that would exempt any property owned by a Veteran that has a rating of 30% or more service connection from property taxes.
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Messages In This Thread
Illinois Legislative Alert - SB836 - by AcilletaM - 05-30-2015, 10:27 AM
RE: Illinois Legislative Alert - SB836 - by AcilletaM - 06-01-2015, 09:04 AM
Illinois Legislative Alert - SB836 - by Brian S - 06-14-2015, 12:35 PM
Illinois Legislative Alert - SB836 - by AcilletaM - 08-17-2015, 12:38 PM

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