Sec. 10-110. Farmland.
77 words·~1 min read·
/il/chapter-35/act-200/10-110A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 10-110. Farmland. The equalized assessed value of a farm, as defined in Section 1-60 and if used as a farm for the 2 preceding years, except tracts subject to assessment under Section 10-145, shall be determined as described in Sections 10-115 through 10-140. To assure proper implementation of Sections 10-110 through 10-140, the Department may withhold non-farm multipliers for any county other than a county with more than 3,000,000 inhabitants that classifies property for tax purposes.