Illinois Statutes
§ 845-60 — Tax Exemption
Illinois·Topic GOVERNMENT·Ch. 20 EXECUTIVE BRANCH·Act 20 ILCS 3501/ Illinois Finance Authority Act.·Art. Article 845 - Authority Debts, Contracts And Reports
The tax exemptions of outstanding bonds issued by the Predecessor Authorities pursuant to sections of the enabling acts of the Predecessor Authorities applicable to those bonds when issued shall remain valid and continue to be recognized by the State until final payment of those bonds, notwithstanding the repeal of the enabling acts of the Predecessor Authorities.
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Illinois § 845-60 (Tax Exemption) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Source: P.A. 93-205, eff. 1-1-04.)
Nearby Sections
15
§ 845-10
§ 845-10§ 845-15
§ 845-15§ 845-20
§ 845-20§ 845-25
§ 845-25§ 845-30
§ 845-30§ 845-35
§ 845-35§ 845-40
§ 845-40§ 845-45
§ 845-45§ 845-5
Bond limitations§ 845-50
§ 845-50§ 845-55
§ 845-55§ 845-60
Tax Exemption§ 845-65
§ 845-65§ 845-70
Tax avoidance§ 845-75
§ 845-75