(65 ILCS 5/11-148-5)
(from Ch. 24, par. 11-148-5)
The interest, ownership, or equity which any municipality of
another state has in any sewage disposal plant and necessary connecting and
outlet sewers and appurtenances in the State of Illinois, constructed by
virtue of Section 11-148-1 through 11-148-4 is not subject to taxation in
the State of Illinois.
(Source: Laws 1961, p. 576.)