IllinoisSB0099104th General Assembly (2025–2026)Senate

PROP TX-VETERANS

Sponsored By: Michael E. Hastings (Democratic)

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 taxpayer is the surviving spouse of a veteran whose death was determined to be service-connected or (currently, and) the taxpayer is certified by the United States Department of Veterans Affairs as a recipient of dependency or indemnity compensation (currently, dependency and indemnity compensation), then the first $250,000 in equalized assessed value of the property is exempt from taxation under the Code. Effective immediately.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Michael E. Hastings

    Democratic • Senate

Cosponsors

  • Mike Porfirio

    Democratic • Senate

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Rule 3-9(a) / Re-referred to Assignments

    6/2/2025Senate
  2. Rule 2-10 Committee/3rd Reading Deadline Established As June 1, 2025

    5/23/2025Senate
  3. Rule 2-10 Committee/3rd Reading Deadline Established As May 23, 2025

    5/9/2025Senate
  4. Rule 2-10 Committee Deadline Established As May 9, 2025

    4/11/2025Senate
  5. Rule 2-10 Committee Deadline Established As April 11, 2025

    3/21/2025Senate
  6. Added as Chief Co-Sponsor Sen. Mike Porfirio

    1/24/2025Senate
  7. Assigned to Revenue

    1/22/2025Senate
  8. Referred to Assignments

    1/17/2025Senate
  9. First Reading

    1/17/2025Senate
  10. Filed with Secretary by Sen. Michael E. Hastings

    1/17/2025Senate

Bill Text

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