Illinois Statutes Chapter 35. Revenue § 200/15-155. Port districts
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§ 15-155. Port districts. All property belonging to the Chicago Regional Port District or any other port district created by the legislature of this State is exempt. However, a tax may be levied upon a lessee of such property based on the value of a leasehold estate separate and apart from the fee, or upon improvements constructed and owned by others than the Port District.
Cite this article: FindLaw.com - Illinois Statutes Chapter 35. Revenue § 200/15-155. Port districts - last updated January 01, 2022 | https://codes.findlaw.com/il/chapter-35-revenue/il-st-sect-35-200-15-155.html
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