IllinoisHB5378104th General Assembly (2025–2026)House

PROP TX-VETERANS W/DISABILITY

Sponsored By: Wayne A. Rosenthal

In Committee

Summary

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.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Wayne A. Rosenthal

    Affiliation unavailable

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Referred to Rules Committee

    2/10/2026House
  2. First Reading

    2/10/2026House
  3. Filed with the Clerk by Rep. Wayne A. Rosenthal

    2/6/2026House

Bill Text

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