HB 4952 Illinois House · 104th Regular Session

PROP TX-VETERANS DISABILITY

Summary
Amends the Property Tax Code. Provides that, for the purpose of granting the homestead exemption for veterans with disabilities, for taxable years 2025 and thereafter, if the veteran has a service connected disability of 60% or more, then the property is exempt from taxation under the Code (currently, if the veteran has a service connected disability of 70% or more, then the first $250,000 in equalized assessed value is exempt from taxation under the Code). Effective immediately.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2026
Committee Review
Floor Vote
Governor
Introduced Feb 4, 2026 Last action Apr 1, 2026
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Full legislative history

Actions timeline

Total actions
14
Key actions
0
Committee
3
Mar 27, 2026
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Mar 18, 2026
Committee
Assigned to Revenue & Finance Committee
lower
Feb 6, 2026
Committee
Referred to Rules Committee
lower
1 primary · 9 co-sponsors

Sponsors