Chapter 35 — REVENUE

(35 ILCS 30/25) Sec. 25. Pilot program; report. The Department may award no more than an aggregate of $10,000,000 in total tax credits pursuant to one qualified rehabilitation plan for one qualified historic structure. On or before December 31, 2010 and on or before December 31 o…

(35 ILCS 30/30) Sec. 30. Powers. The Department and the Department of Natural Resources shall promulgate rules and regulations for the administration of this Act. (Source: P.A. 100-695, eff. 8-3-18.)

(35 ILCS 30/35) Sec. 35. (Amendatory provisions; text omitted). (Source: P.A. 96-933, eff. 6-21-10; text omitted.)

(35 ILCS 30/5) Sec. 5. Definitions. As used in this Section, unless the context clearly indicates otherwise: (a) (Blank). (b) "Department" means the Department of Commerce and Economic Opportunity. (c) "Qualified expenditures" means all the costs and expenses defined as qualified…

(35 ILCS 30/99) Sec. 99. Effective date. This Act takes effect upon becoming law. (Source: P.A. 96-933, eff. 6-21-10.)

(35 ILCS 31/1) Sec. 1. Short title. This Act may be cited as the Historic Preservation Tax Credit Act. (Source: P.A. 100-629, eff. 1-1-19.)

(35 ILCS 31/10) Sec. 10. Allowable credit. (a) To the extent authorized by this Act, for taxable years beginning on or after January 1, 2019 and ending on or before December 31, 2028, there shall be allowed a tax credit to the qualified taxpayer against the tax imposed by subsect…

(35 ILCS 31/20) Sec. 20. Limitations, reporting, and monitoring. (a) In each calendar year beginning on or after January 1, 2019 and ending on or before December 31, 2023, the Division is authorized to allocate $15,000,000 in tax credits in addition to any unallocated, returned, …

(35 ILCS 31/25) Sec. 25. Powers. The Division may adopt rules for the administration of this Act. The Division may enter into an intergovernmental agreement with the Department of Commerce and Economic Opportunity, the Department of Revenue, or both, for the administration of thi…

(35 ILCS 31/5) Sec. 5. Definitions. As used in this Act, unless the context clearly indicates otherwise: "Director" means the Director of Natural Resources or his or her designee. "Division" means the State Historic Preservation Office within the Department of Natural Resources. …

(35 ILCS 31/900) Sec. 900. (Amendatory provisions; text omitted). (Source: P.A. 100-629, eff. 1-1-19; text omitted.)

(35 ILCS 35/1) Sec. 1. Short title. This Act may be cited as the State Tax Preparer Oversight Act. (Source: P.A. 99-641, eff. 1-1-17.)

(35 ILCS 35/10) Sec. 10. Powers and duties of the Department. (a) For taxable years beginning on or after January 1, 2017, the Department shall, by rule, require any income tax return preparer, as defined in Section 1501 of the Illinois Income Tax Act, to include his or her PTIN …

(35 ILCS 35/15) Sec. 15. Enforcement. (a) The Department may investigate the actions of any income tax return preparer doing business in the State and may bar or suspend an income tax return preparer from filing returns with the Department for good cause. (b) In addition to any o…

(35 ILCS 35/20) Sec. 20. Rules. The Department shall adopt rules consistent with the provisions of this Act for the administration and enforcement of this Act. (Source: P.A. 99-641, eff. 1-1-17.)

(35 ILCS 35/5) Sec. 5. Definitions. As used in this Act: "Department" means the Department of Revenue. "Income tax return preparer" has the meaning ascribed to that term in Section 1501 of the Illinois Income Tax Act. "PTIN" means a Preparer Tax Identification Number, as defined …

(35 ILCS 35/85) Sec. 85. (Amendatory provisions; text omitted). (Source: P.A. 99-641, eff. 1-1-17; text omitted.)

(35 ILCS 45/110-1) Sec. 110-1. Short title. This Article may be cited as the Manufacturing Illinois Chips for Real Opportunity (MICRO) Act. References in this Article to "this Act" mean this Article. (Source: P.A. 102-700, eff. 4-19-22.)

(35 ILCS 45/110-10) Sec. 110-10. Definitions. As used in this Act: "Agreement" means the agreement between a taxpayer and the Department under the provisions of this Act. "Applicant" means a taxpayer that: (i) operates a business in Illinois as a quantum computer manufacturer, a …

(35 ILCS 45/110-100) Sec. 110-100. Investment tax credits for MICRO projects. Subject to the conditions set forth in this Act, a taxpayer is entitled to an investment tax credit toward taxes imposed pursuant to subsections (a) and (b) of Section 201 of the Illinois Income Tax Act…

(35 ILCS 45/110-105) Sec. 110-105. Building materials exemptions for project sites. (a) The Department may certify a taxpayer with a project that meets the qualifications under paragraphs (1), (2), or (4) of subsection (c) of Section 110-20, subject to an agreement under this Act…

(35 ILCS 45/110-15) Sec. 110-15. Powers of the Department. The Department, in addition to those powers granted under the Civil Administrative Code of Illinois, is granted and shall have all the powers necessary or convenient to administer the program under this Act and to carry o…

(35 ILCS 45/110-20) Sec. 110-20. Manufacturing Illinois Chips for Real Opportunity (MICRO) Program; project applications. (a) The Manufacturing Illinois Chips for Real Opportunity (MICRO) Program is hereby established and shall be administered by the Department. The Program will …

(35 ILCS 45/110-25) Sec. 110-25. Review of application. The Department shall determine which projects will benefit the State. In making its recommendation that an applicant's application for credit should or should not be accepted, which shall occur within a reasonable time frame…

(35 ILCS 45/110-30) Sec. 110-30. Tax credit awards. (a) Subject to the conditions set forth in this Act, a taxpayer is entitled to a credit against the tax imposed pursuant to subsections (a) and (b) of Section 201 of the Illinois Income Tax Act for a taxable year beginning on or…

(35 ILCS 45/110-35) Sec. 110-35. Relocation of jobs in Illinois. A taxpayer is not entitled to claim a credit provided by this Act with respect to any jobs that the taxpayer relocates from one site in Illinois to another site in Illinois unless the taxpayer has agreed to hire the…

(35 ILCS 45/110-40) Sec. 110-40. Amount and duration of the credits; limitation to amount of costs of specified items. The Department shall determine the amount and duration of the credit awarded under this Act, subject to the limitations set forth in this Act. For a project that…

(35 ILCS 45/110-45) Sec. 110-45. Contents of agreements with applicants. (a) The Department shall enter into an agreement with an applicant that is awarded a credit under this Act. The agreement shall include all of the following: (1) A detailed description of the project that is…

(35 ILCS 45/110-5) Sec. 110-5. Purpose. It is the intent of the General Assembly that Illinois should lead the nation in the production of quantum computers and the production of semiconductors and microchips as they become even more prevalent in everyday life. The General Assemb…

(35 ILCS 45/110-50) Sec. 110-50. Diversity report on the taxpayer's workforce, board of directors, and vendors. (a) Each taxpayer with a workforce of 100 or more employees and with an agreement for a credit under this Act shall, starting on April 15, 2026, and every year thereaft…

(35 ILCS 45/110-55) Sec. 110-55. Sexual harassment policy report. Each taxpayer claiming a credit under this Act shall, prior to April 15 of each taxable year for which the taxpayer claims a credit under this Act, submit to the Department a report detailing that taxpayer's sexual…

(35 ILCS 45/110-60) Sec. 110-60. Certificate of verification; submission to the Department of Revenue. (a) A taxpayer claiming a credit under this Act shall submit to the Department of Revenue a copy of the Director's certificate of verification under this Act for the taxable yea…

(35 ILCS 45/110-65) Sec. 110-65. Certified payroll. (a) Annually, until construction is completed, a company seeking MICRO Construction Job Credits shall submit a report that, at a minimum, describes the projected project scope, timeline, and anticipated budget. Once the project …

(35 ILCS 45/110-70) Sec. 110-70. Noncompliance; notice; assessment. If the Director determines that a taxpayer who has received a credit under this Act is not complying with the requirements of the agreement or all of the provisions of this Act, the Director shall provide notice …

(35 ILCS 45/110-75) Sec. 110-75. Annual report. (a) On or before July 1 each year, the Department shall submit a report on the tax credit program under this Act to the Governor and the General Assembly. The report shall include information on the number of agreements that were en…

(35 ILCS 45/110-80) Sec. 110-80. Evaluation of tax credit program. The Department shall evaluate the tax credit program every three 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…

(35 ILCS 45/110-85) Sec. 110-85. Sunset of new agreements. The Department shall not enter into any new agreements under the provisions of this Act after December 31, 2028. (Source: P.A. 102-700, eff. 4-19-22.)

(35 ILCS 45/110-905) Sec. 110-905. (Amendatory provisions; text omitted). (Source: P.A. 102-700, eff. 4-19-22; text omitted.)

(35 ILCS 45/110-907) Sec. 110-907. (Amendatory provisions; text omitted). (Source: P.A. 102-700, eff. 4-19-22; text omitted.)

(35 ILCS 45/110-908) Sec. 110-908. (Amendatory provisions; text omitted). (Source: P.A. 102-700, eff. 4-19-22; text omitted.)

(35 ILCS 45/110-909) Sec. 110-909. (Amendatory provisions; text omitted). (Source: P.A. 102-700, eff. 4-19-22; text omitted.)

(35 ILCS 45/110-910) Sec. 110-910. (Amendatory provisions; text omitted). (Source: P.A. 102-700, eff. 4-19-22; text omitted.)

(35 ILCS 45/110-915) Sec. 110-915. (Amendatory provisions; text omitted). (Source: P.A. 102-700, eff. 4-19-22; text omitted.)

(35 ILCS 45/110-920) Sec. 110-920. (Amendatory provisions; text omitted). (Source: P.A. 102-700, eff. 4-19-22; text omitted.)

(35 ILCS 45/110-925) Sec. 110-925. (Amendatory provisions; text omitted). (Source: P.A. 102-700, eff. 4-19-22; text omitted.)

(35 ILCS 45/110-930) Sec. 110-930. (Amendatory provisions; text omitted). (Source: P.A. 102-700, eff. 4-19-22; text omitted.)

(35 ILCS 45/110-95) Sec. 110-95. Utility tax exemptions for MICRO projects. The Department may certify a taxpayer with a credit for a project that meets the qualifications under paragraphs (1), (2), and (4) of subsection (c) of Section 110-20, subject to an agreement under this A…

(35 ILCS 45/999-99) Sec. 999-99. Effective date. This Act takes effect upon becoming law, except that Article 100 takes effect on July 1, 2023. (Source: P.A. 102-700, eff. 4-19-22.)

(35 ILCS 50/3-1) Sec. 3-1. Short title. This Article may be cited as the Recovery and Mental Health Tax Credit Act. References in this Article to "this Act" mean this Article. (Source: P.A. 102-1053, eff. 6-10-22.)

(35 ILCS 50/3-10) Sec. 3-10. Definitions. As used in this Act: "Department" means the Department of Human Services. "Eligible individual" means an individual with a substance use disorder, as that term is defined under Section 1-10 of the Substance Use Disorder Act, or an individ…