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Are there any exemptions from the PTELL?

Answer #339 -- ( Published 09/30/2005 11:47 AM | Updated 07/12/2017 10:40 AM )

Are there any exemptions from the Property Tax Extension Limitation Law (PTELL)?

Yes. Certain items are not included in the aggregate extension under the PTELL. These items are exempt from the limitation. See 35 ILCS 200/18-185 for a complete list.

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