SPRINGFIELD – An Illinois Senate Bill has been proposed to help families of veterans with property taxes after the death of the veteran. Gibson City Republican Tom Bennett advanced the bill last month. Currently, a disabled veteran can apply for reduced or be entirely exempt from property taxes on their home, however, if a veteran with a spouse dies while their veteran’s homestead exemption is under review, the exception will not be granted. Senate Bill 1534, which is set for a second reading tomorrow, seeks to address that, granting the exemption to the surviving spouse.
“This change could offer vital assistance to the families of veterans, especially when they are dealing with the loss of a loved one,” said Bennett.
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