Chapter 35, REVENUE

(35 ILCS 200/10-205) Sec. 10-205. Sports stadium property. For purposes of the property tax laws of this State, qualified property in municipalities with more than 2,000,000 inhabitants shall be classified and valued as set forth in Sections 10-210 through 10-220 during the perio…

(35 ILCS 143/10-21) Sec. 10-21. Retailer's license. Beginning on January 1, 2016, no person may engage in business as a retailer of tobacco products in this State without first having obtained a license from the Department. Application for license shall be made to the Department,…

(35 ILCS 200/10-210) Sec. 10-210. Definitions. For purposes of Sections 10-205, 10-215, and 10-220: (a) "Base year" means the first tax year after the tax year in which construction of the new stadium is completed. (b) "Tax year" means the calendar year for which assessed value i…

(35 ILCS 200/10-215) Sec. 10-215. Qualified property. Qualified property means: (a) a new stadium having a seating capacity in excess of 18,000 and less than 28,000 which is constructed primarily for the purpose of holding professional sports and amusement events and construction…

(35 ILCS 143/10-22) Sec. 10-22. Purchases of tobacco products by licensed retailers. A person who possesses a retailer's license under Section 10-21 of this Act shall obtain tobacco products for sale only from a licensed distributor or licensed secondary distributor. (Source: P.A…

(35 ILCS 200/10-220) Sec. 10-220. Valuation. (a) For the base year and subsequent tax years, property described in subsection (a) of Section 10-215 shall be classified so that it is valued in relation to 20% of the property's fair cash value. The fair cash value of the property s…

(35 ILCS 200/10-223) Sec. 10-223. Former farm; open space. Beginning with the 1992 assessment year, the equalized assessed value of any tract of real property that has not been used as a farm for 20 or more consecutive years shall not be determined under Sections 10-110 through 1…

(35 ILCS 200/10-225) Sec. 10-225. Stock of nurseries. The stock of nurseries, when growing, shall be assessed as property and when severed shall be considered merchandise. (Source: Laws 1941, vol. 1, p. 1062; P.A. 88-455.)

(35 ILCS 200/10-23) Sec. 10-23. Improvements to residential property; accessibility. (a) Accessibility improvements made to residential property shall not increase the assessed valuation of the property for a period of 7 years after the improvements are completed. (b) For the pur…

(35 ILCS 200/10-230) Sec. 10-230. Creation of task force; 1997 through 1999 property assessments of certain utility property. (a) This Section establishes an Electric Utility Property Assessment Task Force to advise the General Assembly with respect to the possible impact of the …

(35 ILCS 200/10-235) Sec. 10-235. Low-income housing project valuation policy; intent. It is the policy of this State that low-income housing projects developed under Section 515 of the federal Housing Act or that qualify for the low-income housing tax credit under Section 42 of …

(35 ILCS 143/10-24) Sec. 10-24. Remote retail seller's license. Beginning on January 1, 2027, it is unlawful for any person who meets the threshold established in subsection (a-5) of Section 10-10 to engage in business as a remote retail seller within the meaning of this Act with…

(35 ILCS 200/10-240) Sec. 10-240. Definition of Section 515 low-income housing projects. "Section 515 low-income housing projects" mean rental apartment facilities (i) developed and managed under a United States Department of Agriculture Rural Rental Housing Program designed to p…

(35 ILCS 200/10-245) Sec. 10-245. Method of valuation of low-income housing projects. Notwithstanding Section 1-55 and except in counties with a population of more than 200,000 that classify property for the purposes of taxation, to determine 33 and one-third percent of the fair …

(35 ILCS 525/10-25) Sec. 10-25. Collection of tax. (a) Beginning with bills issued or charges collected for a purchase of a parking space in a parking area or garage on and after January 1, 2020, the tax imposed by this Act shall be collected from the purchaser by the operator, o…

(35 ILCS 157/10-25) Sec. 10-25. Filing false or incomplete return. Any person required to file a return under this Law who willfully files a false or incomplete return is guilty of a Class A misdemeanor. (Source: P.A. 93-24, eff. 6-20-03.)

(35 ILCS 200/10-25) Sec. 10-25. Model homes, townhomes, and condominium units. If the construction of a single family dwelling is completed after December 29, 1986 or the construction of a single family townhome or condominium unit is completed after the effective date of this am…

(35 ILCS 143/10-25) (Text of Section from P.A. 104-468, Article 80, Section 80-25) Sec. 10-25. License actions. (a) The Department may, after notice and a hearing, revoke, cancel, or suspend the license of any distributor or retailer who fails to keep books and records as require…

(35 ILCS 17/10-25) Sec. 10-25. Application for certification of accredited theater production. Any applicant proposing an accredited theater production located or planned to be located in Illinois may request an accredited theater production certificate by application to the Depa…

(35 ILCS 200/10-250) Sec. 10-250. Certification procedure and effective date of implementation. (a) After (i) an application for a Section 515 low-income housing project certificate is filed with the State Director of the United States Department of Agriculture Rural Development …

(35 ILCS 200/10-255) Sec. 10-255. Rules. The Department of Revenue may adopt rules to implement and administer this Division. (Source: P.A. 91-651, eff. 1-1-00.)

(35 ILCS 143/10-26) Sec. 10-26. Manufacturers; sale of little cigars. Manufacturers that are not stamping distributors may not sell little cigars to consumers in this State or to distributors, wholesalers or retailers, unless the distributors, wholesalers or retailers are stampin…

(35 ILCS 200/10-260) Sec. 10-260. Low-income housing. In determining the fair cash value of property receiving benefits from the Low-Income Housing Tax Credit authorized by Section 42 of the Internal Revenue Code, 26 U.S.C. 42, emphasis shall be given to the income approach. In c…

(35 ILCS 143/10-27) Sec. 10-27. Retailers; purchase and possession of little cigars. (a) Retailers are prohibited from possessing unstamped packages of little cigars containing 20 or 25 little cigars at locations where retailers make sales of little cigars to consumers or users. …

(35 ILCS 143/10-28) Sec. 10-28. Wholesalers. (a) Wholesalers are prohibited from possessing unstamped packages of little cigars containing 20 or 25 little cigars unless the wholesalers are stamping distributors. A wholesaler must be a stamping distributor to make tax exempt sales…

(35 ILCS 143/10-29) Sec. 10-29. Invoices; packages of little cigars. (a) Every sales invoice for packages of little cigars containing other than 20 or 25 little cigars issued by a stamping distributor to a person who is not a stamping distributor shall contain both the stamping d…

(35 ILCS 157/10-30) Sec. 10-30. Determining selling price. For the purpose of assisting in determining the validity of the "selling price" reported on returns filed with the Department, the Department may furnish the following information to persons with whom the Department has c…

(35 ILCS 143/10-30) Sec. 10-30. Returns. (a) Every distributor shall, on or before the 15th day of each month, file a return with the Department covering the preceding calendar month. Through June 30, 2025, the return shall disclose the wholesale price for all tobacco products ot…

(35 ILCS 525/10-30) Sec. 10-30. Registration of operators and booking intermediaries. (a) A person who engages in business as an operator of a parking area or garage in this State, or, beginning January 1, 2024, a booking intermediary that directly charges to a customer a separat…

(35 ILCS 200/10-30) Sec. 10-30. Subdivisions; counties of less than 3,000,000. (a) In counties with less than 3,000,000 inhabitants, the platting and subdivision of property into separate lots and the development of the subdivided property with streets, sidewalks, curbs, gutters,…

(35 ILCS 17/10-30) Sec. 10-30. Review of application for accredited theater production certificate. (a) The Department shall issue an accredited theater production certificate to an applicant if it finds that by a preponderance the following conditions exist: (1) the applicant in…

(35 ILCS 200/10-300) Sec. 10-300. Veterans organization assessment freeze. (a) For the taxable year 2000 and thereafter, the assessed value of real property owned and used by a veterans organization chartered under federal law, on which is located the principal building for the p…

(35 ILCS 200/10-31) Sec. 10-31. Subdivisions; counties of less than 3,000,000. (a) In counties with less than 3,000,000 inhabitants, the platting and subdivision of property into separate lots and the development of the subdivided property with streets, sidewalks, curbs, gutters,…

(35 ILCS 200/10-35) Sec. 10-35. Subdivision common areas. (a) Residential property which is part of a development, but which is individually owned and ownership of which includes the right, by easement, covenant, deed or other interest in property, to the use of any common area f…

(35 ILCS 143/10-35) Sec. 10-35. Record keeping. (a) Every distributor, as defined in Section 10-5, shall keep complete and accurate records of tobacco products held, purchased, manufactured, brought in or caused to be brought in from without the State, and tobacco products sold, …

(35 ILCS 157/10-35) Sec. 10-35. Powers of Department. The Department shall have full power to administer and enforce this Law; to collect all taxes, penalties, and interest due hereunder; to dispose of taxes, penalties, and interest so collected in the manner hereinafter provided…

(35 ILCS 525/10-35) Sec. 10-35. Revocation of certificate of registration. (a) The Department may, after notice and a hearing as provided in this Act, revoke the certificate of registration of any operator or booking intermediary who violates any of the provisions of this Act or …

(35 ILCS 17/10-35) Sec. 10-35. Training programs for skills in critical demand. To accomplish the purposes of this Act, the Department may use the training programs provided under Section 605-800 of the Department of Commerce and Economic Opportunity Law of the Civil Administrati…

(35 ILCS 200/10-350) Sec. 10-350. Fraternal organization assessment freeze. (a) For the taxable year 2001 and thereafter, the assessed value of real property owned and used by a fraternal organization chartered by the State of Illinois prior to 1900, or its subordinate organizati…

(35 ILCS 200/10-355) Sec. 10-355. Fraternal organization assessment freeze. (a) For the taxable year 2002 and thereafter, the assessed value of real property owned and used by a fraternal organization that on December 31, 1926 had its national headquarters in Illinois or that was…

(35 ILCS 143/10-35a) Sec. 10-35a. Failure to keep or produce books and records. Any person who fails to keep books and records or fails to produce books and records for inspection, as required by Section 10-35, is liable to pay to the Department, for deposit in the Tax Compliance…

(35 ILCS 200/10-360) Sec. 10-360. Fraternal organization assessment freeze. (a) For the taxable year 2003 and thereafter, the assessed value of real property owned and used by a fraternal organization or its affiliated Illinois not for profit corporation chartered prior to 1920 t…

(35 ILCS 200/10-365) Sec. 10-365. U.S. Military Public/Private Residential Developments. Unless otherwise agreed to pursuant to a separate settlement agreement pursuant to Section 10-385 of this Code, PPV Leases must be classified and valued as set forth in Sections 10-370 throug…

(35 ILCS 143/10-37) Sec. 10-37. Proof of payment of tax imposed by this Act. Every licensed distributor of tobacco products in this State is required to show proof of the tax having been paid as required by this Act by displaying its Tobacco Products License number on every sales…

(35 ILCS 200/10-370) Sec. 10-370. Definitions. For the purposes of this Division 14: (a) "PPV Lease" means a leasehold interest in property that is exempt from taxation under Section 15-50 of this Code and that is leased, pursuant to authority set forth in Chapter 10 of the Unite…

(35 ILCS 200/10-375) Sec. 10-375. Valuation. (a) A PPV Lease must be valued at its fair cash value, as provided under item (b) of Section 9-145 or under Section 9-150. (b) The fair cash value of a PPV Lease must be determined by using an income capitalization approach. (c) To det…

(35 ILCS 143/10-38) Sec. 10-38. Presumption for unlicensed distributors, remote retail sellers, or persons. Whenever any person obtains tobacco products from an unlicensed in-state or out-of-state distributor, remote retail seller, or person, a prima facie presumption shall arise…

(35 ILCS 200/10-380) Sec. 10-380. For the taxable years 2006 through 2055, the chief county assessment officer in the county in which property subject to a PPV Lease is located shall apply the provisions of Sections 10-370(b)(i) and 10-375(c)(i) of this Division 14 in assessing a…

(35 ILCS 200/10-385) Sec. 10-385. PPV leases; tax settlement agreements. A taxable PPV lease under Section 10-375 of this Act that (i) encumbers exempt real property located within a county of less than 600,000 inhabitants and (ii) is related to taxable real property used for mil…

(35 ILCS 200/10-390) Sec. 10-390. Valuation of supportive living facilities. (a) Notwithstanding Section 1-55, to determine the fair cash value of any supportive living facility established under Section 5-5.01a of the Illinois Public Aid Code, in assessing the facility, a local …