Illinois Compiled Statutes 20 Executive Branch: Article -
- Illinois Corporate Accountability for Tax Expenditures Act. - 20 ILCS 715, Section 1
Short title. This Act may be cited as the Corporate Accountability for Tax Expenditures Act. (Source: P.A. 93-552, eff. 8-20-03.)
- Illinois Corporate Accountability for Tax Expenditures Act. - 20 ILCS 715, Section 5
Definitions. As used in this Act: "Base years" means the first 2 complete calendar years following the effective date of a recipient receiving development assistance....
- Illinois Corporate Accountability for Tax Expenditures Act. - 20 ILCS 715, Section 10
Unified Economic Development Budget. (a) For each State fiscal year ending on or after June 30, 2005, the Department of Revenue shall submit an...
- Illinois Corporate Accountability for Tax Expenditures Act. - 20 ILCS 715, Section 15
Standardized applications for State development assistance. (a) All final applications submitted to the Department or any other State granting body requesting development assistance shall...
- Illinois Corporate Accountability for Tax Expenditures Act. - 20 ILCS 715, Section 20
State development assistance disclosure. (a) Beginning February 1, 2005 and each year thereafter, every State granting body shall submit to the Department copies of all...
- Illinois Corporate Accountability for Tax Expenditures Act. - 20 ILCS 715, Section 25
Recapture. (a) All development assistance agreements shall contain, at a minimum, the following recapture provisions: (1) The recipient must (i) make the level of capital...
- Illinois Corporate Accountability for Tax Expenditures Act. - 20 ILCS 715, Section 99
Effective date. This Act takes effect upon becoming law. (Source: P.A. 93-552, eff. 8-20-03.)
Last modified: February 18, 2015