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90_SB1941
35 ILCS 200/15-145
Amends the Property Tax Code. Provides that all property
of veterans' organizations used at least 70% of the time it
is in operation (now exclusively) for charitable, patriotic,
and civic purposes is exempt. Effective immediately.
SRS90SB0088GHbm
SRS90SB0088GHbm
1 AN ACT to amend the Property Tax Code by changing Section
2 15-145.
3 Be it enacted by the People of the State of Illinois,
4 represented in the General Assembly:
5 Section 5. The Property Tax Code is amended by changing
6 Section 15-145 as follows:
7 (35 ILCS 200/15-145)
8 Sec. 15-145. Property of veterans' organizations. All
9 property of veterans' organizations that is used at least 70%
10 of the time it is in operation exclusively for charitable,
11 patriotic, and civic purposes is exempt.
12 (Source: Laws 1967, p. 4030; P.A. 88-455.)
13 Section 99. Effective date. This Act takes effect upon
14 becoming law.