Illinois Statutes
§ 15-155 — Port districts
Illinois § 15-155
JurisdictionIllinois
TopicGOVERNMENT
Ch. 35REVENUE
Act 35 ILCS 200/Property Tax Code.
Art.Title 4 - Exemptions
This text of Illinois § 15-155 (Port districts) 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. 15-155 (2026).
Text
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.
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Legislative History
(Source: Laws 1961, p. 3370; P.A. 88-455.)
Nearby Sections
15
§ 15-1
Short title§ 15-100
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Park and conservation districts§ 15-110
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Municipal power agencies§ 15-120
Municipal natural gas agencies§ 15-125
Parking areas§ 15-141
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§ 15-143Cite This Page — Counsel Stack
Bluebook (online)
Illinois § 15-155, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/35/15-155.