(215 ILCS 5/304.2) (from Ch. 73, par. 916.2)

(Section scheduled to be repealed on January 1, 2027)

Sec. 304.2. Taxation. Every society organized or licensed under this amendatory Act is hereby declared to be a charitable and benevolent institution, and all of its funds shall be exempt from all and every State, county, district, municipal and school tax other than taxes on real estate and office equipment.

(Source: P.A. 84-303.)