In levying any special assessment or special tax, each lot, block, tract or parcel of land shall be assessed separately, in the same manner as upon assessment for general taxation: Provided, that this requirement shall not apply to the property of railroad companies, or the right of way and franchise of street railway companies, but the same may be described in any manner sufficient to reasonably identify the property intended to be assessed.
65 ILCS 55/4
Known as the Municipal Federal Grant Tax and Bond Act
The act spans §§ 65-55-0-01 to 65-55-9 (26 sections).
Laws 1935-36, 1st SS, p. 39.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.