Appeals court upholds law exempting Illinois hospitals from property taxes

From the Tribune:

A 2012 law that exempts many hospitals from having to pay property taxes is constitutional, a state appellate court ruled Thursday.

The ruling, which upheld a lower court’s decision, comes just weeks before the Illinois Supreme Court is scheduled to hear arguments in a different case about the same issue.

 The law was meant to clarify what Illinois not-for-profit hospitals must do to get tax exemptions. For a not-for-profit hospital to be considered tax-exempt, the value of its charitable services must be equal to or greater than its estimated tax liability.

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