Board
Search
Member List
Calendar
Red Dot Arms
Help
08-17-2015, 10:55 AM
(06-01-2015, 09:04 AM)AcilletaM Wrote: Also going to the Governor, Illinois SB 107. Changes the disable Veteran's homestead property tax credit from:to
- 50%-69.99% Service Connected - $2500 credit
- 70% and above Service Connected - $5000 credit
- 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.
Gov Rauner signed this into law on Sunday along with 5 others including a law establishing a veterans and active duty discount card program for use at participating merchants.
(06-01-2015, 09:04 AM)AcilletaM Wrote: Also going to the Governor, Illinois SB 107. Changes the disable Veteran's homestead property tax credit from:
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.
Gov Rauner signed this into law on Sunday along with 5 others including a law establishing a veterans and active duty discount card program for use at participating merchants.
- 50%-69.99% Service Connected - $2500 credit
- 70% and above Service Connected - $5000 credit
- 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.
Gov Rauner signed this into law on Sunday along with 5 others including a law establishing a veterans and active duty discount card program for use at participating merchants.