35 ILCS 200/11-15
Current through Public Act 103-593
To determine the fair cash value of any certified pollution control facility , the Department shall determine the probable net value that could be realized by its owner if the facility were removed and sold at a fair, voluntary sale, giving due account to the expense of removal and condition of the particular facility in question. The assessed value of the facility shall be 33/1/3% of the fair cash value of the facility.
35 ILCS 200/11-15