TITLE 86: REVENUE
CHAPTER I: DEPARTMENT OF REVENUE
PART 110 PROPERTY TAX CODE
SECTION 110.120 OIL RIGHT LESSEES AND PRODUCERS
Section 110.120 Oil Right Lessees and Producers
a) Every lessee corporation, individual or unincorporated business which leases oil or natural gas rights or which operates oil-producing or natural gas-producing properties in Illinois shall make return of the real property connected with such lease or the property it operates on Form No. PTAX-186.
b) Form No. PTAX-186 shall be filed annually with the Chief County Assessment Officer between the 1st day of April and the 1st day of June.
(Source: Amended at 20 Ill. Reg. 13611, effective October 3, 1996)