{"data":{"id":"us-il/35-ilcs-200-1-55","jurisdiction":"us-il","citation":"35 ILCS 200/1-55","heading":"","body":"33 1/3%. One-third of the fair cash value of property, as determined by the Department's sales ratio studies for the 3 most recent years preceding the assessment year, adjusted to take into account any changes in assessment levels implemented since the data for the studies were collected.","path":["CHAPTER 35 REVENUE","Property Tax Code."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=596\u0026ChapterID=8\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:20Z","sha256":"5f9a5b29e21b582d5b61d8fabda9be16ea60334582cb4af6c8576f448e3e5c5d","source_id":"us-il","stale":false,"prev":"us-il/35-ilcs-200-1-50","next":"us-il/35-ilcs-200-1-60"},"notice":"GroundRules: Original legal text. Not legal advice."}