(35 ILCS 200/10-260)
In determining the fair
cash value of property receiving benefits from the Low-Income Housing Tax
Credit authorized by Section 42 of the Internal Revenue Code, 26 U.S.C. 42,
emphasis shall be given to the income approach, except in those circumstances
where another method is clearly more appropriate.
(Source: P.A. 91-502, eff. 8-13-99; 92-16, eff. 6-28-01.)