Sec. 34. All property of every kind owned by the Port District shall be exempt from taxation.
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/il/chapter-70/act-1820/34A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 34. All property of every kind owned by the Port District shall be exempt from taxation. However, a tax may be levied upon a lessee of the Port District by reason of the value of a leasehold estate separate and apart from the fee simple title, or upon such improvements as are constructed and owned by others than the Port District.