35 ILCS 200/30-20

35 ILCS 200/30-20
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
(35 ILCS 200/30-20) Sec. 30-20. Tax reimbursement account. If the corporate authorities of a taxing district determine that the taxing district has on hand surplus funds from any source, then the corporate authorities may transfer those surplus funds into a tax reimbursement account. (Source: P.A. 87-737; 87-767; 88-455.)
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.ilga.gov/legislation/ilcs/ilcs.aspFetched: 10/17/2026

Starting a business in Illinois? Illinois LLC guide: costs and requirements