HB0368 Summary

• Expands the Senior Citizens Assessment Freeze Homestead Exemption to include disabled persons, renaming it the "Senior Citizens and Disabled Persons Assessment Freeze Homestead Exemption," effective for disabled persons beginning in taxable year 2015.

• Defines "disabled person" as someone unable to engage in substantial gainful activity due to a medically determinable physical or mental impairment expected to result in death or last at least 12 continuous months, with acceptable proof including federal Social Security disability benefits or Illinois Class 2 Disabled Person Identification Card.

• Requires disabled persons applying for the exemption to submit proof of disability as prescribed by the county assessment officer and include disability information in their application affidavits.

• Amends the State Mandates Act to exempt the implementation of this bill from state reimbursement requirements to counties and municipalities.

• Takes effect immediately upon becoming law.