IL SB2920

Creates a full property tax exemption beginning in taxable year 2027 for police officers and firefighters who suffered duty-related disabilities including paraplegia, quadriplegia, or amputation of a limb.

Qualifying individuals must currently receive or have received disability benefits under the Illinois Pension Code, and the exemption applies to primary residences with equalized assessed value under $500,000.

Extends the exemption to surviving spouses of officers or firefighters killed in the line of duty, as long as the spouse does not remarry and maintains the property as their primary residence.

Exemption continues if the qualified individual moves to a nursing home or VA facility, provided the spouse remains in the home or the property stays unoccupied but owned by the qualifying person.

Requires annual reapplication for the exemption, with proof of qualifying injury submitted in a form prescribed by the Department.