Illinois Code § 70 ILCS 1820/34

All property of every kind owned by the Port District shall be
Open in Lexace · Ask the AI about this section
exempt from taxation. However, a tax may be levied upon a lessee of the
Port District by reason of the value of a leasehold estate separate and
apart from the fee simple title, or upon such improvements as are constructed
and owned by others than the Port District.

‹ Prev All Illinois sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.