PROP TX-VETERANS EXEMPTION Senate SponsorsSen. Antonio Muņoz 1/13/2015SenateSession Sine Die 35 ILCS 200/15-169Amends the Property Tax Code. Provides that, for taxable year 2014 and each taxable year thereafter, the disabled veterans standard homestead exemption is $5,000 for veterans with a service-connected disability of at least 50% (currently, the exemption is (i) $5,000 for veterans with a service-connected disability of at least 70% and $2,500 for veterans with a service-connected disability of at least 50% but less than 70%). Effective immediately.Senate Committee Amendment No. 2 Replaces everything after the enacting clause. Amends the Property Tax Code. Provides that, for taxable year 2014 and each taxable year thereafter, the disabled veterans standard homestead exemption is $6,000 for veterans with a service-connected disability of at least 70% and $3,000 for veterans with a service-connected disability of at least 50% but less than 70%. Provides that the residence must be occupied as a qualified residence by a disabled veteran who has an ownership interest in the property (currently, the residence must be used as the veteran's primary residence). Provides that, if the disabled veteran resides with a family member but does not have an ownership interest in the property, the property is still entitled to the exemption, subject to certain conditions. Effective immediately. 2/14/2014SenateFiled with Secretary by Sen. Antonio Muņoz 2/14/2014SenateFirst Reading 2/14/2014SenateReferred to Assignments 2/25/2014SenateAssigned to Revenue 3/6/2014SenatePostponed - Revenue 3/21/2014SenatePostponed - Revenue 3/27/2014SenatePostponed - Revenue 3/28/2014SenateRule 2-10 Committee Deadline Established As April 11, 2014 4/1/2014SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Antonio Muņoz 4/1/2014SenateSenate Committee Amendment No. 1 Referred to Assignments 4/2/2014SenateSenate Committee Amendment No. 2 Filed with Secretary by Sen. Antonio Muņoz 4/2/2014SenateSenate Committee Amendment No. 2 Referred to Assignments 4/2/2014SenateSenate Committee Amendment No. 1 Assignments Refers to Revenue 4/2/2014SenateSenate Committee Amendment No. 2 Assignments Refers to Revenue 4/2/2014SenateSenate Committee Amendment No. 2 Adopted 4/3/2014SenateSenate Committee Amendment No. 1 Postponed - Revenue 4/3/2014SenateDo Pass as Amended Revenue; 012-000-000 4/3/2014SenatePlaced on Calendar Order of 2nd Reading April 7, 2014 4/11/2014SenateSenate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments 7/1/2014SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments 1/13/2015SenateSession Sine Die