35 ILCS 200/11-45

Current through Public Act 103-1052
Section 35 ILCS 200/11-45 - Method of valuation for low sulfur dioxide emission coal fueled devices

To determine 33 1/3% of the fair cash value of any low sulfur dioxide emission coal fueled device, the Department shall determine the net value which could be realized by its owner if the device were removed and sold at a fair, voluntary sale, giving due account to the expense of removal, site restoration, and transportation. That net value shall be considered to be 33 1/3% of fair cash value.

35 ILCS 200/11-45

P.A. 82-134; 88-455.