IL SB2905

Increases the assessed property value exemption for disabled veterans' homes from $70,000 to $100,000 under Section 15-165 of the Property Tax Code.

Extends the disabled veterans homestead exemption under Section 15-169 to surviving spouses of veterans killed in the line of duty beginning with the 2015 tax year, without requiring the veteran to have qualified for the exemption before death.

Expands exemptions for both disabled veterans property tax (Section 15-165) and mobile home local services tax (Section 7.5) to include housing donated by charitable organizations and specifically constructed or adapted to suit a veteran's disability, beginning with the 2015 tax year.

Requires donated housing to be inspected and certified by a licensed home inspector to comply with U.S. Department of Veterans Affairs standards for specially adapted housing.

Defines "charitable organization" as any benevolent, philanthropic, patriotic, or eleemosynary entity that solicits and collects funds for charitable purposes, including local, county, or area divisions of such organizations.