Taxation prohibited

70 ILCS 518/60, under Southeastern Illinois Economic Development Authority Act.

70 ILCS 518/60

(70 ILCS 518/60)

    Sec. 60. Taxation prohibited. The Authority shall have no right or authority to levy any tax or special assessment, to pledge the credit of the State or any other subdivision or municipal corporation thereof, or to incur any obligation enforceable upon any property, either within or without the territory of the Authority.

(Source: P.A. 93-968, eff. 8-20-04.)