Illinois Compiled Statutes 35 Revenue: Article 4 - Exemptions

Article 15. Exemptions

• Illinois Property Tax Code. - 35 ILCS 200, Section 15-5
  Creation of exemptions. Any person wishing to claim an exemption for the first time, other than a homestead exemption under Sections 15-165 through 15-180,...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-10
  Exempt property; procedures for certification. (a) All property granted an exemption by the Department pursuant to the requirements of Section 15-5 and described in the...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-15
  Obligation to file copies of leases or agreements. If any property listed as exempt by the chief county assessment officer is leased, loaned or...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-20
  Notification requirements after change in use or ownership. If any property listed as exempt by the chief county assessment officer has a change in use,...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-25
  Removal of exemptions. If the Department determines that any property has been unlawfully exempted from taxation, or is no longer entitled to exemption, the Department...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-30
  Payment to taxing districts for services. Any taxing district may enter into a mutually acceptable agreement with the owner of any exempt property whereby...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-35
  Schools. All property donated by the United States for school purposes, and all property of schools, not sold or leased or otherwise used with...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-40
  Religious purposes, orphanages, or school and religious purposes. (a) Property used exclusively for: (1) religious purposes, or (2) school and religious purposes, or (3)...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-45
  Cemetery purposes. All property used exclusively for cemetery purposes is exempt. Property used exclusively for cemetery purposes includes cemetery grounds and improvements such as...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-50
  United States property. All property of the United States is exempt, except such property as the United States has permitted or may permit to...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-55
  State property. (a) All property belonging to the State of Illinois is exempt. However, the State agency holding title shall file the certificate of ownership...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-60
  Taxing district property. All property belonging to any county or municipality used exclusively for the maintenance of the poor is exempt, as is all property...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-65
  Charitable purposes. All property of the following is exempt when actually and exclusively used for charitable or beneficent purposes, and not leased or otherwise used...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-66
  Library systems and public library districts. All property used exclusively for public purposes belonging to a library system established under the Illinois Library System...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-70
  Fire protection purposes. All property used exclusively for fire protection purposes and belonging to any city, village, or incorporated town is exempt. All property...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-75
  Municipal corporations. All market houses, public squares and other public grounds owned by a municipal corporation and used exclusively for public purposes are exempt....
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-80
  Installment purchase of property by a governmental body. All property that is being purchased by a governmental body under an installment contract pursuant to...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-85
  Agricultural or horticultural societies. All property used exclusively by societies for agricultural or horticultural purposes, and not used with a view to profit, is...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-86
  Exemptions related to access to hospital and health care services by low-income and underserved individuals. (a) The General Assembly finds: (1) Despite the Supreme Court's...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-90
  Military schools and academies. All property of military schools and academies is exempt, including buildings, equipment and lands, not exceeding 10 acres, if used...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-95
  Housing authorities. (a) All property of housing authorities created under the Housing Authorities Act is exempt, if the property and improvements are used for low...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-100
  Public transportation systems. (a) All property belonging to any municipal corporation created for the sole purpose of owning and operating a transportation system for...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-103
  Bi-State Development Agency. (a) Property owned by the Bi-State Development Agency of the Missouri-Illinois Metropolitan District is exempt. (b) The exemption under this Section...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-105
  Park and conservation districts. (a) All property within a park or conservation district with 2,000,000 or more inhabitants and owned by that district is...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-110
  Municipal building corporations. All property of any municipal corporation created for the purpose of providing buildings, or space therein, and other facilities to or...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-115
  Municipal power agencies. Property that is part of a project owned by a municipal power agency organized under Division 119.1 of Article 11 of...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-120
  Municipal natural gas agencies. Property that is part of a project owned by a municipal natural gas agency organized under Division 119.2 of Article...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-125
  Parking areas. (a) Parking areas, not leased or used for profit other than those lease or rental agreements subject to subsection (b) of this Section,...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-130
  Municipal corporations providing railroad terminals. All property of any municipal corporation created for provision of railroad terminals, railroad terminal facilities and the approaches to...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-135
  School districts and community college districts. All property of public school districts or public community college districts not leased by those districts or otherwise...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-140
  Public water districts and water and drainage works. All property belonging to any public water district organized or existing under the Public Water District...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-143
  Metropolitan Water Reclamation Districts in counties with a population greater than 3,000,000. (a) All property that is located in a county with a population greater...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-145
  Property of veterans' organizations. All property of veterans' organizations used exclusively for charitable, patriotic and civic purposes is exempt. (Source: Laws 1967, p. 4030;...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-150
  Forest preserve districts. All property belonging to any forest preserve district organized or existing under the laws of this State and any property as...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-151
  Joliet Arsenal Development Authority. All property owned by the Joliet Arsenal Development Authority is exempt. Any property owned by the Joliet Arsenal Development Authority...
• Illinois Property Tax Code. - 35 ILCS 200, Section 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...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-160
  Airport authorities and airports. (a) All property belonging to any Airport Authority and used for Airport Authority purposes or leased to another entity, which property...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-165
  Disabled veterans. Property up to an assessed value of $100,000, owned and used exclusively by a disabled veteran, or the spouse or unmarried surviving spouse...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-167
  Returning Veterans' Homestead Exemption. (a) Beginning with taxable year 2007, a homestead exemption, limited to a reduction set forth under subsection (b), from the property's...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-168
  Disabled persons' homestead exemption. (a) Beginning with taxable year 2007, an annual homestead exemption is granted to disabled persons in the amount of $2,000, except...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-169
  Disabled veterans standard homestead exemption. (a) Beginning with taxable year 2007, an annual homestead exemption, limited to the amounts set forth in subsection (b), is...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-170
  Senior Citizens Homestead Exemption. An annual homestead exemption limited, except as described here with relation to cooperatives or life care facilities, to a maximum reduction...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-172
  Senior Citizens Assessment Freeze Homestead Exemption. (a) This Section may be cited as the Senior Citizens Assessment Freeze Homestead Exemption. (b) As used in this...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-173
  Natural Disaster Homestead Exemption. (a) This Section may be cited as the Natural Disaster Homestead Exemption. (b) As used in this Section: "Base amount" means...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-174
  Community stabilization assessment freeze pilot program. (a) Beginning January 1, 2015 and ending June 30, 2029, the chief county assessment officer of any county may...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-175
  General homestead exemption. (a) Except as provided in Sections 15-176 and 15-177, homestead property is entitled to an annual homestead exemption limited, except as described...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-176
  Alternative general homestead exemption. (a) For the assessment years as determined under subsection (j), in any county that has elected, by an ordinance in accordance...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-177
  The long-time occupant homestead exemption. (a) If the county has elected, under Section 15-176, to be subject to the provisions of the alternative general homestead...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-180
  Homestead improvements. Homestead properties that have been improved and residential structures on homestead property that have been rebuilt following a catastrophic event are entitled to...
• Illinois Property Tax Code. - 35 ILCS 200, Section 15-185
  Exemption for leaseback property and qualified leased property. (a) Notwithstanding anything in this Code to the contrary, all property owned by a municipality with a...

Last modified: February 18, 2015