Evaluation of tax credit program

(35 ILCS 45/110-80)     Sec. 110-80. Evaluation of tax credit program. The Department shall evaluate the tax credit program every 3 years and issue a report. The evaluation shall include an assessment of the effectiveness of the program in creating new jobs in Illinois and of the revenue impact of the program and may include a review of the practices and experiences of other states with similar programs. The Director shall submit a report on the evaluation to the Governor and the General Assembly by April 19, 2025 (3 years after the effective date of this Act) and every 3 years thereafter. (Source: P.A. 104-852, eff. 8-21-26.)