Illinois § 15-143
Full text of Illinois Illinois Compiled Statutes § 15-143, with citation guidance and answers to common questions.
§ 15-143.
Metropolitan Water Reclamation Districts in counties with a population greater than 3,000,000. (a) All property that is located in a county with a population greater than 3,000,000 and that is owned by a metropolitan water reclamation district in a county with a population greater than 3,000,000 is exempt. Any such property leased to an entity that is not exempt shall remain exempt, and the leasehold interest of the lessee shall be assessed under Section 9-195 of this Code. The changes made by this amendatory Act of the 93rd General Assembly are declaratory of existing law. (b) Property that is owned by a metropolitan water reclamation district in a county with a population greater than 3,000,000 is exempt, and the leasehold interest is exempt, if the property is: (1) located in Will County; and (2) leased to the Will County Forest Preserve District for a de minimis amount for use for public purposes. (Source: P.A. 93-767, eff. 7-20-04; 94-1086, eff. 1-19-07.)
Frequently Asked Questions About Illinois § 15-143
What does Illinois Compiled Statutes § 15-143 cover?
Section 15-143 is part of the Illinois Compiled Statutes, the codified statutory law of Illinois. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Illinois § 15-143?
A common citation format is "Illinois Compiled Statutes § 15-143" (Illinois). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Illinois law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Illinois official source linked on this page or consult a licensed Illinois attorney.
How does Illinois § 15-143 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Illinois can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Illinois.