IL HB4063

Expands the definition of "surviving spouse" eligible for the homestead exemption for veterans with disabilities under the Property Tax Code, effective for taxable year 2021 and thereafter

For taxable year 2021 onward, surviving spouses now qualify if the veteran would have been eligible for the exemption had they survived, even if they never actually obtained it before death

Adds eligibility for surviving spouses of veterans whose death was determined to be service-connected and who currently receive Dependency and Indemnity Compensation from the U.S. Department of Veterans Affairs

Surviving spouses qualifying through Dependency and Indemnity Compensation receive full property tax exemption (the same as veterans with 70% or greater service-connected disability)

Maintains existing eligibility for surviving spouses of veterans who obtained the exemption before death or were killed in the line of duty