Illinois Compiled Statutes 35 ILCS 200/18-243 – Severability
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Terms Used In Illinois Compiled Statutes 35 ILCS 200/18-243
- Extension limitation: means (a) the lesser of 5% or the percentage increase in the Consumer Price Index during the 12-month calendar year preceding the levy year or (b) the rate of increase approved by voters under Section 18-205. See Illinois Compiled Statutes 35 ILCS 200/18-185
- Statute: A law passed by a legislature.
The provisions of the Property Tax Extension Limitation Law are severable under Section 1.31 of the Statute on Statutes.