The Illinois Class 6b Renewal application is a process used for real estate tax abatement. It is a program offered by the State of Illinois that allows qualified businesses to receive a partial or full real estate tax abatement. Qualified businesses must be engaged in manufacturing, assembling, processing, refining, warehousing, research and development, or technology services. There are four types of Illinois Class 6b Renewal applications: 1. Expansion Application: This application is used when a business is expanding or making improvements to their existing facility. 2. Renewal Application: This application is used when a business is renewing their existing Class 6b tax abatement. 3. Relocation Application: This application is used when a business is relocating their facility and is seeking a new Class 6b tax abatement. 4. Abandonment Application: This application is used when a business is abandoning their existing facility and is requesting a cancellation of their existing Class 6b tax abatement.
Illinois Class 6b Renewal application
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How to fill out Illinois Class 6b Renewal Application?
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Class 6b. Designed to encourage industrial development throughout Cook County by offering a real estate tax incentive for the development of new industrial facilities, the rehabilitation of existing industrial structures, and the industrial reutilization of abandoned buildings.
Senior Citizens Real Estate Tax Deferral Program allows persons 65 years of age and older, who have a total household income of less than $65,000 and meet certain other qualifications, to defer all or part of the real estate taxes and special assessments on their principal residences.
Class 6b. Designed to encourage industrial development throughout Cook County by offering a real estate tax incentive for the development of new industrial facilities, the rehabilitation of existing industrial structures, and the industrial reutilization of abandoned buildings.
The Class 7b classification is designed to encourage commercial development throughout Cook County by offering a real estate incentive for the development of new commercial facilities, the rehabilitation of existing commercial structures, and the commercial reutilization of abandoned buildings on properties that have
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