IL HB0183

Grants full property tax exemption to World War II veterans regardless of disability level, effective beginning in taxable year 2019.

World War II veterans who qualify for the exemption are not required to reapply annually, unlike other veterans with disabilities.

Maintains existing tiered exemption structure for non-WWII veterans: $2,500 for 30-50% disability, $5,000 for 50-70% disability, and full exemption for 70%+ disability.

Property must be used as a qualified primary residence with equalized assessed value under $250,000 to qualify for the exemption.

Takes effect immediately upon becoming law.