United States property

35 ILCS 200/15-50
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
(35 ILCS 200/15-50) Sec. 15-50. United States property. All property of the United States is exempt, except such property as the United States has permitted or may permit to be taxed. (Source: Laws 1959, p. 1549, 1554, 2219, and 2224; P.A. 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

35 ILCS 200/15-50 — United States property | Illinois Compiled Statutes (Aug. 2026 snapshot) | Corpus