HB1115 provides a homestead exemption for Gold Star Parents in Illinois, exempting their primary residence from property tax.
HB1115 amends the Property Tax Code to offer a homestead exemption for Gold Star Parents in Illinois. This exemption applies to property owned and used as a primary residence by a Gold Star Parent, defined as a natural or adoptive parent of a veteran killed in the line of duty. The exemption is effective immediately upon the bill's enactment and is available annually, subject to renewal. Notably, the exemption is not available if the veteran's unmarried surviving spouse receives a separate exemption.
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- Legal Framework
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