Illinois Statutes
§ 115-115 — Property tax exemption
Illinois § 115-115
JurisdictionIllinois
TopicGOVERNMENT
Ch. 60TOWNSHIPS
Act 60 ILCS 1/Township Code.
Art.Article 115 - Township Open Space
This text of Illinois § 115-115 (Property tax exemption) 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
60 Ill. Comp. Stat. 115-115 (2026).
Text
All property acquired by any township for open space purposes pursuant to an open space program as defined in this Article shall be exempt from real property taxation for assessment year 1988 and each assessment year thereafter.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
(Source: P.A. 88-670, eff. 12-2-94.)
Nearby Sections
15
§ 115-10
Open space plan; petition§ 115-100
Dedication of nature preserves§ 115-105
Borrowing money; bonds§ 115-110
Report§ 115-115
Property tax exemption§ 115-120
Applicability§ 115-125
Validation§ 115-15
Public hearing§ 115-25
Amendments or additions to plan§ 115-45
Powers of township board§ 115-5
DefinitionsCite This Page — Counsel Stack
Bluebook (online)
Illinois § 115-115, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/60/115-115.