HB2391 Summary

• Amends the Property Tax Code Section 15-169 to expand the homestead exemption for veterans with disabilities to include surviving spouses under new definitions based on taxable year.

• For taxable years prior to 2015, "surviving spouse" means only the spouse of a veteran who obtained the exemption before death.

• For taxable years 2015-2020, "surviving spouse" includes spouses of veterans killed in the line of duty in the current or any preceding taxable year, in addition to spouses of veterans who obtained the exemption before death.

• For taxable year 2021 and thereafter, "surviving spouse" includes four categories: (1) spouses of veterans who qualified before death, (2) spouses of veterans killed in line of duty, (3) spouses of veterans who would have qualified if they survived, and (4) spouses of veterans with service-connected deaths receiving Dependency and Indemnity Compensation.

• Survivors qualifying under category (4) receive the full exemption for 70% or more service-connected disability rating; takes effect immediately upon enactment.