putintime Posted January 8, 2008 Share Posted January 8, 2008 Found where the confusion is between IDOR and County Assessor.. The new Disabled Veterans' Standard Homestead Exemption (35 ILCS 200/15-169) provides a reduction in a property's EAV to a qualifying property owned by a veteran with a service-connected disability certified by the U. S. Department of Veterans' Affairs. A $2,500 homestead exemption is available to a veteran with a service-connected disability of at least 50% but less than 75% or a $5,000 homestead exemption is available to a veteran with a serviceconnected disability of at least 75%. A disabled veteran must file an annual application by the county's due date to continue to receive this exemption. This is why the County Chief Assessor Officer (CCAO) are sticking to the PTAX-342 form, we just need to let them know, that we know, how the law reads (Public Act 95-0644 Section 35 ILCS 200/15-169(new)) when we file, and if they don't follow the law as it is written, then we will appeal if need be. Just send a copy of the Public Act 95-0644, Section 35 ILCS 200/15-169(new) copied and section a) Beginning with taxable year 2007, an annual homestead exemption, limited to the amounts set forth in subsection (, is granted for property that is used as a qualified residence by a disabled veteran. (:P The amount of the exemption under this Section is as follows: (1) for veterans with a service-connected disability of at least 75%, as certified by the United States Department of Veterans Affairs, the annual exemption is $5,000; and (2) for veterans with a service-connected disability of at least 50%, but less than 75%, as certified by the United States Department of Veterans Affairs, the annual exemption is $2,500 (highlighted) when you file your PTAX-342 form, but do it in a timely manner according to your counties set deadline. Hope this helps.... Take Care putintime Link to comment Share on other sites More sharing options...
putintime Posted January 8, 2008 Share Posted January 8, 2008 Just received this email, my response is also attached: Will keep you all informed Dear ; I am responding to your emails, fax, and letter dated December 19, 2007 inquiring why the Disabled Veterans Standard Homestead Exemption under Section 15-169 of the Property Tax Code is a reduction in the equalized assessed value (EAV) of the property when EAV is not specified in the law. The section of the Property Tax Code that allows for homestead exemptions has consistently provided for a reduction in the EAV of property. This is consistent with the other homestead exemptions including: Senior Citizens' Homestead Exemption (Sec. 15-70), Senior Citizens Assessment Freeze Homestead Exemption (Sec. 15-172), General Homestead Exemption (Sec. 15-175), and Alternative General Homestead Exemption (Sec. 15-176), in addition to the recently established homestead exemptions for Returning Veterans' Homestead Exemption (Sec. 15-167), Disabled Persons' Homestead Exemption (Sec. 15-168), and The Long-time Occupant Homestead Exemption (Sec. 15-177). There is a distinction made in the Property Tax Code between homestead exemptions and the abatement of taxes. A homestead exemption is a reduction in a property's equalized assessed value whereas a tax abatement is an ordinance implemented by vote where there is a reduction in the amount of property taxes to be paid. Jo Ellen Mahr, Manager Property Tax Division Assistance and Education Section My response; January 8, 2008 1230 Dear Ms. JoEllen Mahr, Thank you for your response. Although I am still confused on a couple of areas. Please bear with me as I explain with the highlighted areas from your last email: The section of the Property Tax Code that allows for homestead exemptions has consistently provided for a reduction in the EAV of property. This is consistent with the other homestead exemptions including: Senior Citizens' Homestead Exemption (Sec. 15-70) Senior Citizens Assessment Freeze Homestead Exemption (Sec. 15-172) General Homestead Exemption (Sec. 15-175) Alternative General Homestead Exemption (Sec. 15-176) Returning Veterans' Homestead Exemption (Sec. 15-167) Disabled Persons' Homestead Exemption (Sec. 15-168) The Long-time Occupant Homestead Exemption (Sec. 15-177) You are correct; all of these Sections are very specific on the intent of the EAV, and where it is to be applied. The Disabled Veteran Standard Homestead Exemption (DVSHE) (Sec. 15-169) mentions the EAV only when it pertains to the $250,000 residence value limitations. So my questions' are these? Why would the law be written in this manner? The majority of other states have property tax exemptions for severally disabled veterans, isn't Illinois trying to come on line with them? What does this EAV in $250,000 residence value limitation mean then? If I were to pay property tax on a $250,000 EAV residence, wouldn't my annual property taxes be around $15,000 in the state of Illinois? Why would anyone get an EAV tax exemption if a house was worth around $850,000? (we can only dream…) There is a distinction made in the Property Tax Code between homestead exemptions and the abatement of taxes. A homestead exemption is a reduction in a property's equalized assessed value whereas a tax abatement is an ordinance implemented by vote where there is a reduction in the amount of property taxes to be paid. If this true, why was the law not written this way, as in all 8 other sections of this particular Public Act then? Oversight??? Come on…. I understand abatement is when a person goes in and appeals their tax bill compared to another property that they figure is of same value, the CCAO & board vote to see if it is justified for a property tax break. There is another terminology for this but…I'll stick to the subject at hand. Go to the current 95th Illinois General Assembly (IGA), and look at all the other pending legislation concerning severally disabled veterans and property Tax in the state of Illinois. It is very obvious what the representatives and senators legislators have in mind. There is nothing mentioned about EAV and homestead exemption: 95th IGA - HB0114, HB1010, HB1012, HB1139, HB 1725 SB0063, SB0089 Historically the IGA has dealt with this issue to bring justice to the severally disabled veterans in Illinois on limited income. 94th IGA - HB0651, HB2551, HB4247, HB4646 SB2146, SB3082 If there is property tax code book that specifically mentions EAV and homestead exemptions, please give me guidance to obtain this information from it so that I can educate other fellow Illinois veterans. Please Assist Sincerely, Illinois concerned veteran Link to comment Share on other sites More sharing options...
Justme1949 Posted January 8, 2008 Share Posted January 8, 2008 Welcome!! I am happy too see you found the Hadit group. Hopefully the other Illinois Vets are reading all the information you have posted and start to question their local county assesors. My husband and I are going to our tax assesors office this coming Monday with the ( printed out) info you have stated and the Public Act Law(that is in question). I'll post if we get an answer. Again Thank You for all that your doing for the Illinois disabled Vets! Please keep us posted with your latest email to JoEllen Mahr. Best Regards, Justme 1949 (Grunt1949) Link to comment Share on other sites More sharing options...
putintime Posted January 9, 2008 Share Posted January 9, 2008 Got a letter.... Today I received a letter form Thomas Holbrook, State Representative, 113th District, He stated "the section should have been drafted more clearly" and "it was a small oversight in the legislation". He goes on to state "The county assessment officials have accurately state that the reduction will be taken from the equalized assessed value of the property. I don't know where this is going but, a small oversight is the difference between $400.00 a year and $5,000 a year annual property tax break. Currently doing some research on Mr. Holbrook with him being the chief sponsor on the pending bill HB1725, and what his intent was for this bill he has proposed. At least he responded to my correspondence, even though it's not what I wanted to hear. To me, it is not a defeat, only a challenge, game on..... Either way it is a small or large win for Illinois disabled veterans Take Care, putintime Link to comment Share on other sites More sharing options...
SSGMike.Ivy Posted January 11, 2008 Share Posted January 11, 2008 <H1 id=article-title>Tax Help for Illinois Veterans</H1>Week of January 07, 2008 Two new tax laws affect Illinois veterans and their employers. The Returning Veterans Homestead Exemption gives qualifying veterans a one-time $5,000 reduction to their home's equalized assessed value. The Disabled Veterans Standard Homestead Exemption provides a reduction in a property's equalized assessed value for a veteran with a service-connected disability. Also the Veteran's Tax Credit is a new state income tax credit available to employers for every qualified veteran they hire. For more information about the Veteran's Tax Credit or the property tax exemptions for veterans, visit the Illinois Department of Revenue website or call the Illinois Department of Revenue at (800) 732-8866. Link to comment Share on other sites More sharing options...
putintime Posted January 11, 2008 Share Posted January 11, 2008 Come on....Let us veterans bond together and ask questions on the Public Act 95-0644, Section 35 ILCS 200/15-169, don't just take the word of someone that says something, I did that for 20 years by following orders to accomplish the mission. As a civilian and veteran that defended our country, I now ask questions and just say "show me" in writing where it is documented, not because someone in a certain position is "assuming" something. This law that was passed on October 17, 2007 and is very specific on what is written. Why are people not questioning what is told to them? Take Care, putintime Link to comment Share on other sites More sharing options...
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