The property of the Authority is exempt from taxation.
105 ILCS 5/1E-145
Property of Authority exempt from taxation
Known as the Downstate School Finance Authority Law
The act spans §§ 105-5-1e-1 to 105-5-1e-95 (34 sections).
P.A. 92-547, eff. 6-13-02.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.