70 ILCS 1830/4

Current through Public Act 103-1052
Section 70 ILCS 1830/4 - Property owned by District

All property of every kind owned by the Port District shall be exempt from taxation, provided that a tax may be levied upon a lessee of the Port District by reason of the value of a leasehold estate separate and apart from the fee simple title, or upon such improvements as are constructed and owned by others than the Port District.

70 ILCS 1830/4

Laws 1965, p. 1013.