SPRINGFIELD, Ill. — Continuing efforts to rein in skyrocketing property taxes, legislation co-sponsored by state Rep. Dan Beiser, D-Alton, to increase property tax exemptions for disabled veterans recently passed the House of Representatives.
“While serving overseas, members of the military and their families make countless sacrifices to keep us safe,” Beiser said. “After an injury they encounter many challenges upon returning home, including the cost of medical care. By increasing the property tax exemption available to them, we can help disabled veterans remain in their homes.”
Under current law, veterans with a service-connected disability are eligible for a disabled veterans homestead exemption. Beiser’s Senate Bill 107 expands eligibility to military members with 30 to 49 percent disability and provides a $2,500 exemption. Additionally, the measure increases current property tax exemption for service men and women with 50 to 69 percent disability from $2,500 to $5,000. Veterans with a disability of 70 percent or more would receive for a full property exemption.
“We all owe a great debt of gratitude to veterans and their families,” Beiser said. “Providing property tax relief is one small way we can show our appreciation for their sacrifices.”
For information, contact Beiser’s constituent service office at (618) 465-5900.