Cook County veterans whom the U.S. Department of Veterans Affairs rates 100 percent disabled and permanently and totally disabled no longer have to renew their property-tax exemption every year. The Cook County Assessor’s Office says those veterans “will be automatically renewed each year” under new legislation.
For the veterans in that group, the exemption can be large. A rating of 70 percent or more takes $250,000 off the equalized assessed value of the home, the figure the county uses to calculate the tax bill…