Illinois Statutes
§ 15-80 — Installment purchase of property by a governmental body
Illinois § 15-80
JurisdictionIllinois
TopicGOVERNMENT
Ch. 35REVENUE
Act 35 ILCS 200/Property Tax Code.
Art.Title 4 - Exemptions
This text of Illinois § 15-80 (Installment purchase of property by a governmental body) 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. 15-80 (2026).
Text
All property that is being purchased by a governmental body under an installment contract pursuant to statutory authority and used exclusively for the public purposes of the governmental body is exempt, except such property as the governmental body has permitted or may permit to be taxed.
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Legislative History
(Source: P.A. 83-1371; 88-455.)
Nearby Sections
15
§ 15-1
Short title§ 15-100
§ 15-100§ 15-103
Bi-State Development Agency§ 15-105
Park and conservation districts§ 15-110
Municipal building corporations§ 15-115
Municipal power agencies§ 15-120
Municipal natural gas agencies§ 15-125
Parking areas§ 15-141
Water commission property§ 15-143
§ 15-143Cite This Page — Counsel Stack
Bluebook (online)
Illinois § 15-80, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/35/15-80.