(35 ILCS 200/15-143)

Sec. 15-143.

Metropolitan Water Reclamation Districts in counties with a
population greater than 3,000,000.

(a) All property that is located in a county with a population greater than 3,000,000 and that is owned by a metropolitan
water reclamation district in a county with a population greater than
3,000,000 is exempt.
Any such property leased to an entity that is not
exempt shall remain exempt, and the leasehold interest of the lessee shall be
assessed under Section 9-195 of this Code. The changes made by this amendatory Act of the 93rd General Assembly are declaratory of existing law.

(b) Property that is owned by a metropolitan
water reclamation district in a county with a population greater than
3,000,000  is exempt, and the leasehold interest is exempt, if the property is:

(1) located in Will County; and
(2) leased to the Will County Forest Preserve District for a de minimis amount for use