Illinois veterans and persons with disabilities may be eligible for tax relief through the property tax homestead exemptions and mobile home exemptions. Disabled veterans may have some or all of their property taxes covered.This is called a Standard Homestead Exemption for Veterans with Disabilities (SHEVD). Applicants are required to please include a disability certification or verification letter from the U.S. Department of Veterans. Applicants must file a Form PTAX-341, Application for Returning Veterans' Homestead Exemption, with the Chief County Assessment Office. Note: Only an un-remarried, surviving spouse of a veteran killed in the line of duty, or a veteran with a disability who previously received the. The disabled veteran must own or lease a single family residence and be liable for the payment of the property taxes. What is the Standard Homestead Exemption for Veterans with. Disabilities (SHEVD)?. Bill Title: Amends the Property Tax Code.