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Who qualifies to receive personal property replacement taxes payments?

Answer #248 -- ( Published 08/23/2005 11:13 AM | Updated 07/12/2017 10:41 AM )

Who qualifies to receive personal property replacement taxes payments?

Only districts that collected personal property taxes for the 1977 tax year, 1976 for Cook County, are eligible to receive a share of the money. Districts created after 1977 do not receive replacement tax money since they did not experience a loss in revenue.

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