Illinois Class 6b applications Instructions are instructions for businesses, individuals, and organizations who wish to apply for a Class 6b property tax incentive in the state of Illinois. The incentive is a property tax abatement for revitalizing commercial and industrial properties. The Illinois Class 6b application instructions include three types of applications: 1. Initial Application: This is the initial application for the Class 6b property tax incentive. It must be completed by the applicant and submitted to the Department of Revenue along with the required supporting documentation. 2. Renewal Application: If the initial application is approved, the applicant may qualify for a renewal application. The renewal application must be completed and submitted to the Department of Revenue prior to the expiration of the initial application. 3. Transfer Application: If the initial application is approved, the applicant may qualify for a transfer application. The transfer application must be completed and submitted to the Department of Revenue prior to the expiration of the initial application. This application is used to transfer the Class 6b property tax incentive to a new owner. These applications must be completed and submitted according to the instructions provided by the Department of Revenue. It is important to carefully read and understand the instructions to ensure the applications are properly completed.
Illinois Class 6b applications Instructions are instructions for businesses, individuals, and organizations who wish to apply for a Class 6b property tax incentive in the state of Illinois. The incentive is a property tax abatement for revitalizing commercial and industrial properties. The Illinois Class 6b application instructions include three types of applications: 1. Initial Application: This is the initial application for the Class 6b property tax incentive. It must be completed by the applicant and submitted to the Department of Revenue along with the required supporting documentation. 2. Renewal Application: If the initial application is approved, the applicant may qualify for a renewal application. The renewal application must be completed and submitted to the Department of Revenue prior to the expiration of the initial application. 3. Transfer Application: If the initial application is approved, the applicant may qualify for a transfer application. The transfer application must be completed and submitted to the Department of Revenue prior to the expiration of the initial application. This application is used to transfer the Class 6b property tax incentive to a new owner. These applications must be completed and submitted according to the instructions provided by the Department of Revenue. It is important to carefully read and understand the instructions to ensure the applications are properly completed.
