(70 ILCS 3615/4.08) (from Ch. 111 2/3, par. 704.08)
Sec. 4.08.
Exemption from Taxation.
The Authority and the Service Boards shall be exempt from all State
and unit of local
government taxes and registration and license fees other than as required
for motor vehicle registration in accordance with the "Illinois Vehicle
Code", as now or hereafter amended. All property of the Authority and
the Service Boards is
declared to be public property devoted to an essential public and
governmental function and purpose and shall be exempt from all taxes and
special assessments of the State, any subdivision thereof, or any unit of
local government.
(Source: P.A. 83-886.)
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