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HB 1308

PROP TX-VETERANS

104th Regular Session Introduced by Dan Didech and 1 co-sponsor

Illinois HB 1308 would exempt or reduce property taxes for veterans, decreasing homeowner housing costs while reducing local government and school district revenue.

Rule 19(a) / Re-referred to Rules Committee
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Bill Summary · HB 1308

Legislative bill overview

HB 1308 proposes a property tax exemption or reduction for Illinois veterans. The bill has progressed through initial readings and committee assignments but currently sits in the Rules Committee as of March 2025. The specific exemption parameters—such as eligibility criteria, income limits, and percentage of tax relief—are not detailed in the action history provided.

Why is this important

Property tax represents a significant annual expense for homeowners, and veterans often face financial challenges related to service-related disabilities or employment gaps. A property tax exemption could meaningfully reduce housing costs for this population, though it also reduces tax revenue available for local services and schools depending on implementation scope.

Potential points of contention

  • Revenue impact: Property tax exemptions shift tax burden to other property owners or reduce funding for schools, municipalities, and county services
  • Eligibility definition: Questions about whether the exemption applies to all veterans or only those with service-related disabilities, income limitations, or other criteria
  • Implementation complexity: Uncertainty around how local assessors would verify veteran status and manage exemption administration across Illinois counties

Compiled from official sources — confirm details with the bill’s official record.

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