Illinois § 10-125 Assessment level by type of farmland

Illinois Statutes

§ 10-125 — Assessment level by type of farmland

Illinois § 10-125

JurisdictionIllinois

TopicGOVERNMENT

Ch. 35REVENUE

Act 35 ILCS 200/Property Tax Code.

Art.Title 3 - Valuation and Assessment

This text of Illinois § 10-125 (Assessment level by type of farmland) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

35 Ill. Comp. Stat. 10-125 (2026).

Text

Cropland, permanent pasture and other farmland shall be defined according to U.S. Census Bureau definitions in use during that assessment year and assessed in the following way:

(a)Cropland shall be assessed in accordance with the equalized assessed value of its soil productivity index as certified by the Department and shall be debased to take into account factors including, but not limited to, slope, drainage, ponding, flooding, and field size and shape.

(b)Permanent pasture shall be assessed at 1/3 of its debased productivity index equalized assessed value as cropland.

(c)Other farmland shall be assessed at 1/6 of its debased productivity index equalized assessed value as cropland.

(d)Wasteland shall be assessed on its contributory value to the farmland parcel. In no case shall the

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Cropland, permanent pasture and other farmland shall be defined according to U.S. Census Bureau definitions in use during that assessment year and assessed in the following way: (a) Cropland shall be assessed in accordance with the equalized assessed value of its soil productivity index as certified by the Department and shall be debased to take into account factors including, but not limited to, slope, drainage, ponding, flooding, and field size and shape. (b) Permanent pasture shall be assessed at 1/3 of its debased productivity index equalized assessed value as cropland. (c) Other farmland shall be assessed at 1/6 of its debased productivity index equalized assessed value as cropland. (d) Wasteland shall be assessed on its contributory value to the farmland parcel. In no case shall the equalized assessed value of permanent pasture be below 1/3, nor the equalized assessed value of other farmland, except wasteland, be below 1/6, of the equalized assessed value per acre of cropland of the lowest productivity index certified under Section 10-115.