(35 ILCS 200/15-105)
Sec. 15-105.
Park and conservation districts.
(a) All property within
a park or
conservation district with 2,000,000 or more inhabitants and owned by that
district is exempt, as is all property located outside the district but owned
by it and used as a nursery, garden, or farm for the growing of shrubs, trees,
flowers and plants for use in beautifying, maintaining and operating
playgrounds, parks, parkways, public grounds, and buildings owned or controlled
by the district.
(b) All property belonging to any park or conservation
district with less than 2,000,000 inhabitants is exempt. All
property leased to such park district for $1 or less per year and
used exclusively as open space for recreational purposes not exceeding
50 acres in the aggregate for each district is exempt.
(c) All property belonging to a park district
organized pursuant to the Metro-East Park and Recreation District Act is
exempt.
(Source: P.A. 91-103, eff. 7-13-99; 91-490, eff. 8-13-99; 92-16, eff.
6-28-01.)
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(35 ILCS 200/15-110)
Sec. 15-110.
Municipal building corporations.
All property of any municipal
corporation created for the purpose of providing buildings, or space therein,
and other facilities to or for the use of municipal corporations and other
governmental agencies, including, but not limited to, any Public Building
Commission created under the Public Building Commission Act, is exempt.
(Source: Laws 1959, p. 1549, 1554, 2219, and 2224; P.A. 88-455.)
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(35 ILCS 200/15-115)
Sec. 15-115.
Municipal power agencies.
Property that is part of a project
owned by a municipal power agency organized under Division 119.1 of Article 11
of the Illinois Municipal Code is exempt.
(Source: P.A. 83-997; 88-455.)
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(35 ILCS 200/15-120)
Sec. 15-120.
Municipal natural gas agencies.
Property that is part of a
project owned by a municipal natural gas agency organized under Division 119.2
of Article 11 of the Illinois Municipal Code is exempt.
(Source: P.A. 84-1221; 88-455.)
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(35 ILCS 200/15-125)
Sec. 15-125. Parking areas. (a) Parking areas, not leased
or used for profit other than those lease or rental agreements subject to subsection (b) of this Section, when used as a
part of a use for which an exemption is provided by this Code and owned by
any school district, non-profit hospital, school, or religious or
charitable institution which meets the qualifications for exemption, are
exempt.
(b) Parking areas owned by any religious institution that meets the qualifications for exemption, when leased or rented to a mass transportation entity for the limited free parking of the commuters of the mass transportation entity, are exempt.
(c) Parking areas owned by any religious institution that meets the qualifications for exemption, when leased or rented to a municipality for the purpose of providing free public parking, are exempt, so long as the lease is for no more than nominal consideration. For purposes of this Section, maintenance and insurance of the parking areas by the municipality shall be considered nominal consideration. (Source: P.A. 100-455, eff. 8-25-17.)
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(35 ILCS 200/15-130)
Sec. 15-130.
Municipal corporations providing railroad terminals.
All
property of any municipal corporation created for provision of railroad
terminals, railroad terminal facilities and the approaches to them, is exempt
including, but not limited to, any Railroad Terminal Authority created under
the Railroad Terminal Authority Act.
(Source: Laws 1959, p. 1549, 1554, 2219, and 2224; P.A. 88-455.)
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(35 ILCS 200/15-135)
Sec. 15-135.
School districts and community college districts.
All property
of public school districts or public community college districts not leased by
those districts or otherwise used with a view to profit is exempt.
(Source: P.A. 83-1312; 88-455.)
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(35 ILCS 200/15-140)
Sec. 15-140.
Public water districts and water and drainage works.
All
property belonging to any public water district organized or existing under the
Public Water District Act is exempt, as is all property belonging exclusively
to any incorporated town, village or city, and used exclusively for conveying
water to the incorporated town, village or city, and all property of drainage
districts, when used exclusively for pumping water from the ditches and drains
of the district for drainage purposes.
(Source: Laws 1967, p. 4030; P.A. 88-455.)
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(35 ILCS 200/15-141) Sec. 15-141. Water commission property. All property belonging to any water commission organized or existing under joint acquisition and operation of a water supply and waterworks system, a common source of supply of water, or both, as provided in Division 135 of Article 11 of the Illinois Municipal Code, is exempt.
(Source: P.A. 100-1187, eff. 1-1-20 .) |
(35 ILCS 200/15-143)
Sec. 15-143. Metropolitan Water Reclamation Districts in counties with a
population greater than 3,000,000. (a) All property that is located in a county with a population greater than 3,000,000 and that is owned by a metropolitan
water reclamation district in a county with a population greater than
3,000,000 is exempt.
Any such property leased to an entity that is not
exempt shall remain exempt, and the leasehold interest of the lessee shall be
assessed under Section 9-195 of this Code. The changes made by this amendatory Act of the 93rd General Assembly are declaratory of existing law.
(b) Property that is owned by a metropolitan
water reclamation district in a county with a population greater than
3,000,000 is exempt, and the leasehold interest is exempt, if the property is: (1) located in Will County; and (2) leased to the Will County Forest Preserve | ||
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(Source: P.A. 93-767, eff. 7-20-04; 94-1086, eff. 1-19-07.)
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(35 ILCS 200/15-145)
Sec. 15-145.
Property of veterans' organizations.
All property of veterans'
organizations used exclusively for charitable, patriotic and civic purposes is
exempt.
(Source: Laws 1967, p. 4030; P.A. 88-455.)
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(35 ILCS 200/15-150)
Sec. 15-150.
Forest preserve districts.
All property belonging to any
forest preserve district organized or existing under the laws of this State
and any property as described in Section 18.6d of the Downstate Forest
Preserve District Act is exempt.
(Source: P.A. 87-1191; 88-455; incorporates 88-503; 88-670, eff. 12-2-94.)
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(35 ILCS 200/15-151)
Sec. 15-151.
Joliet Arsenal Development Authority.
All property owned by
the Joliet Arsenal
Development Authority is exempt. Any property owned by the
Joliet Arsenal Development Authority and leased to an entity that is not exempt
shall remain exempt. The leasehold interest of the lessee shall be assessed
under Section 9-195 of this Code.
(Source: P.A. 93-421, eff. 8-5-03.)
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(35 ILCS 200/15-155)
Sec. 15-155.
Port districts.
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.
(Source: Laws 1961, p. 3370; P.A. 88-455.)
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(35 ILCS 200/15-160)
(Text of Section WITH the changes made by P.A. 97-1161, which has been held unconstitutional) Sec. 15-160. Airport authorities and airports. (a) All property belonging to any
Airport Authority and used for Airport Authority purposes or leased to another
entity, which property use would be exempt from taxation under this Code if
it were owned by the lessee entity, is exempt. However, the provision added by
Public Act 86-219 shall not apply to any property of any Airport Authority
located in a county with more than 3,000,000 inhabitants. Property acquired
for airport purposes by an Authority shall remain subject to any tax previously
levied to pay bonds issued and outstanding on the date of acquisition.
(b) Also exempt is any airport or restricted land area or other air navigation
facility owned, controlled, operated or leased by another state or a political
subdivision of another state under the provisions of Sections 25.01 to 25.04,
both inclusive, of the "Illinois Aeronautics Act". However if at the time of
the acquisition of property to be used for public airport purposes the city,
village, township or school district, in which said property is located is
indebted for any amount for payment of which it provided for the collection of
taxes, the property acquired for public airport purposes shall be subject to
taxation for the payment of said indebtedness in the same proportion as said
property bore to the taxable property in said city, village, township or school
district immediately before the acquisition thereof, according to the last
assessment for taxation.
(c) If property of the Metropolitan Airport Authority of Rock Island County is leased to a fixed base operator that provides aeronautical services to the public, then those leasehold interests and any improvements thereon are exempt. (Source: P.A. 97-1161, eff. 6-1-13 .)
(Text of Section WITHOUT the changes made by P.A. 97-1161, which has been held unconstitutional) Sec. 15-160. Airport authorities and airports. All property belonging to any
Airport Authority and used for Airport Authority purposes or leased to another
entity, which property use would be exempt from taxation under this Code if
it were owned by the lessee entity, is exempt. However, the provision added by
Public Act 86-219 shall not apply to any property of any Airport Authority
located in a county with more than 3,000,000 inhabitants. Property acquired
for airport purposes by an Authority shall remain subject to any tax previously
levied to pay bonds issued and outstanding on the date of acquisition.
Also exempt is any airport or restricted land area or other air navigation
facility owned, controlled, operated or leased by another state or a political
subdivision of another state under the provisions of Sections 25.01 to 25.04,
both inclusive, of the "Illinois Aeronautics Act". However if at the time of
the acquisition of property to be used for public airport purposes the city,
village, township or school district, in which said property is located is
indebted for any amount for payment of which it provided for the collection of
taxes, the property acquired for public airport purposes shall be subject to
taxation for the payment of said indebtedness in the same proportion as said
property bore to the taxable property in said city, village, township or school
district immediately before the acquisition thereof, according to the last
assessment for taxation.
(Source: P.A. 88-455 .)
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