Sec. 15-155. Port districts.
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/il/chapter-35/act-200/15-155A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.