{"data":{"id":"us-il/35-ilcs-200-11-75","jurisdiction":"us-il","citation":"35 ILCS 200/11-75","heading":"Assessment date for railroad companies.","body":"The Department shall assess all property owned or used by railroad companies operating within this State, as of January first annually, except property found by the Department to be non-carrier real estate.\nThe assessment of the property of any railroad company shall be based upon the value of property defined in Section 11-70, less the percentage of the total value which consists of operating or non-operating personal property.","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":"5f394adce6e4b54f3ffd302124cda40a5930098615e054781e46a908ed69ef22","source_id":"us-il","stale":false,"prev":"us-il/35-ilcs-200-11-70","next":"us-il/35-ilcs-200-11-80"},"notice":"GroundRules: Original legal text. Not legal advice."}