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Public Act Number: 274
Public Act Year: 2003
Document Type(s): MCLs
(2 results found)
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Document Type Description
Section 211.9b Section Special tool; exemption from taxation; definitions.
Section 211.27 Section "True cash value" defined; considerations in determining value; indicating exclusions from true cash value on assessment roll; subsection (2) applicable only to residential property; repairs considered normal repairs, replacement, and maintenance; exclusions from real estate sales data; classification as agricultural real property; "present economic income" defined; applicability of subsection (5); "nonprofit cooperative housing corporation" defined; value of transferred property; "purchase price" defined; additional definitions; "standard tool" defined.