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Code · Illinois · Chapter 35 — REVENUE · Act 200

Sec. 30-20. Tax reimbursement account.

40 words·~1 min read·/il/chapter-35/act-200/30-20

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Sec. 30-20. Tax reimbursement account. If the corporate authorities of a taxing district determine that the taxing district has on hand surplus funds from any source, then the corporate authorities may transfer those surplus funds into a tax reimbursement account.
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