Illinois Compiled Statutes 35 ILCS 120/1e – Subject to the provisions of Section 1f, or subject to the provisions …
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Terms Used In Illinois Compiled Statutes 35 ILCS 120/1e
- Personal property: All property that is not real property.
Subject to the provisions of Section 1f, or subject to the provisions of Section 5.5 of the Illinois Enterprise Zone Act, all tangible personal property to be used or consumed in the operation of pollution control facilities, as defined in Section 1a of this Act, within an enterprise zone established pursuant to the “Illinois Enterprise Zone Act”, as amended, shall be exempt from the tax imposed by this Act.