HB3538 Summary

• Allows veterans with disabilities to submit applications for homestead exemptions to the chief county assessment officer before purchasing a specific property, rather than only after purchase.

• Chief county assessment officers must process pre-purchase exemption applications within 15 days and notify applicants of approval or denial.

• Applies to both the exemption under Section 15-165 (property up to $100,000 assessed value) and Section 15-169 (homestead exemption with varying amounts based on disability rating).

• Takes effect immediately upon becoming law.