§ 18-175 — Leasehold abatement

Illinois § 18-175

• Jurisdiction: Illinois
• Topic: GOVERNMENT
• Ch. 35: REVENUE
• Act 35 ILCS 200/: Property Tax Code.
• Art.: Title 6 - Levy and Extension

Text

The county clerk may abate property taxes levied by one or more taxing districts under this Code on any leasehold interest in a property leased from the Department of Natural Resources on which is situated a restaurant and overnight lodging facility that was constructed using at least 50% private, non-State funding and that first opened for business after January 1, 1992.

Legislative History

(Source: P.A. 88-455; 89-445, eff. 2-7-96.)