Chapter 35, REVENUE

(35 ILCS 157/10-40) Sec. 10-40. Payments to Local Government Distributive Fund and General Revenue Fund. The Department of Revenue shall each month, upon collecting any taxes as provided in this Law, pay the money collected from the 1.25% portion of the 6.25% rate into the Local …

(35 ILCS 143/10-40) Sec. 10-40. Invoices. Every distributor or other person who purchases tobacco products for resale for shipment into Illinois from a point outside Illinois shall procure invoices in duplicate covering each shipment and shall make the invoices available for insp…

(35 ILCS 17/10-40) Sec. 10-40. Issuance of Tax Credit Award Certificate. (a) In order to qualify for a tax credit award under this Act, an applicant must file an application for each accredited theater production at each of the applicant's qualified production facilities, on form…

(35 ILCS 200/10-40) Sec. 10-40. Historic Residence Assessment Freeze Law; definitions. This Section and Sections 10-45 through 10-85 may be cited as the Historic Residence Assessment Freeze Law. As used in this Section and Sections 10-45 through 10-85: (a) "Director" means the Di…

(35 ILCS 525/10-40) Sec. 10-40. Valet services. (a) Persons engaged in the business of providing valet services are subject to the tax imposed by this Act on the purchase price received in connection with their valet parking operations. (b) Persons engaged in the business of prov…

(35 ILCS 200/10-400) Sec. 10-400. Short title; findings and policy. (a) This Division may be cited as the Conservation Stewardship Law. (b) The General Assembly finds that it is in the best interest of this State to maintain, preserve, conserve, and manage unimproved land to assu…

(35 ILCS 200/10-405) Sec. 10-405. Definitions. As used in this Division: "Unimproved land" means woodlands, prairie, wetlands, or other vacant and undeveloped land that is not used for any residential or commercial purpose that materially disturbs the land. "Conservation manageme…

(35 ILCS 200/10-410) Sec. 10-410. Conservation management plan; rules. The Department of Natural Resources shall adopt rules specifying the form and content of a conservation management plan sufficient for managed land to be valued under this Division. The rules adopted under thi…

(35 ILCS 200/10-415) Sec. 10-415. Plan submission and review; approval. (a) A taxpayer requesting special valuation of unimproved land under this Division must first submit a conservation management plan for that land to the Department of Natural Resources for review. The Departm…

(35 ILCS 200/10-420) Sec. 10-420. Special valuation of managed land; exceptions. (a) In all counties, except for Cook County, beginning with assessments made in 2008 and thereafter, managed land for which an application has been approved under Section 10-415 that contains 5 or mo…

(35 ILCS 200/10-425) Sec. 10-425. Certification. (a) The Department of Natural Resources shall certify to the Department a list of applications approved under Section 10-415. This list must contain the following information for each approved application: (1) the name and address …

(35 ILCS 200/10-430) Sec. 10-430. Withdrawal from special valuation. (a) If any of the following events occur, then the Department of Natural Resources shall withdraw all or a portion of the land from special valuation: (1) the Department of Natural Resources determines, based on…

(35 ILCS 200/10-435) Sec. 10-435. Recapture. (a) If, in any taxable year that the taxpayer receives a special valuation under Section 10-470, the taxpayer does not comply with the conservation management plan, then the taxpayer shall, by the following September 1, pay to the coun…

(35 ILCS 200/10-440) Sec. 10-440. Sale or transfer of unimproved land. The sale or transfer of unimproved land does not affect the valuation of the land, unless there is a change in the use of the land or the acreage requirement is no longer met. Any tract of land containing less…

(35 ILCS 200/10-445) Sec. 10-445. Rules. The Department of Natural Resources shall adopt rules to implement and administer this Act. (Source: P.A. 95-633, eff. 10-1-07.)

(35 ILCS 143/10-45) Sec. 10-45. Incorporation by reference. All of the provisions of Sections 4, 5, 5a, 5b, 5c, 5d, 5e, 5f, 5g, 5i, 5j, 6, 6a, 6b, 6c, 8, 9, 10, 11, 11a, and 12 of the Retailers' Occupation Tax Act, and all applicable provisions of the Uniform Penalty and Interest…

(35 ILCS 157/10-45) Sec. 10-45. Rules. The Department shall have the authority to adopt such rules as are reasonable and necessary to implement the provisions of this Law. (Source: P.A. 93-24, eff. 6-20-03.)

(35 ILCS 200/10-45) Sec. 10-45. Valuation during 8 year valuation period. In furtherance of the policy of encouraging the rehabilitation of historic residences, property certified pursuant to this Historic Residence Assessment Freeze Law shall be eligible for an assessment freeze…

(35 ILCS 525/10-45) Sec. 10-45. Tax collected as debt owed to State. The tax herein required to be collected by any operator, booking intermediary, or valet business and any such tax collected by that person, shall constitute a debt owed by that person to this State. (Source: P.A…

(35 ILCS 17/10-45) Sec. 10-45. Amount and payment of the tax credit award. The tax credit award shall be calculated each tax year based upon the filing by the applicant on forms prescribed by the Department containing information regarding qualifying and quantified Illinois labor…

(35 ILCS 525/10-5) Sec. 10-5. Definitions. As used in this Act: "Booking intermediary" means any person or entity that facilitates the processing and fulfillment of reservation transactions between an operator and a person or entity desiring parking in a parking lot or garage of …

(35 ILCS 17/10-5) Sec. 10-5. Purpose. The Illinois economy depends heavily on the commercial for-profit live theater industry and the accredited theater productions that are presented in Illinois. As a result of intense competition from other prominent theater cities in the Unite…

(35 ILCS 200/10-5) Sec. 10-5. Solar energy systems; definitions. It is the policy of this State that the use of solar energy systems should be encouraged because they conserve nonrenewable resources, reduce pollution and promote the health and well-being of the people of this Sta…

(35 ILCS 143/10-5) Sec. 10-5. Definitions. For purposes of this Act: "Actual cost" means the actual price paid for each individual SKU by a distributor or a remote retail seller before any stated discounts or rebates. "Actual cost list" means the average actual price paid for a S…

(35 ILCS 17/10-50) Sec. 10-50. Live theater tax credit award program evaluation and reports. (a) The Department's live theater tax credit award evaluation must include: (i) an assessment of the effectiveness of the program in creating and retaining new jobs in Illinois; (ii) an a…

(35 ILCS 525/10-50) Sec. 10-50. Incorporation by reference. All of the provisions of Sections 1, 2a, 2b, 3 (except provisions relating to transaction returns and except for provisions that are inconsistent with this Act), in respect to all provisions therein other than the State …

(35 ILCS 200/10-50) Sec. 10-50. Valuation after 8 year valuation period. (a) For the 4 years after the expiration of the 8-year valuation period, the valuation for purposes of computing the assessed valuation shall not exceed the following: For the first year, the base year valua…

(35 ILCS 143/10-50) Sec. 10-50. Violations and penalties. When the amount due is under $300, any distributor or remote retail seller who fails to file a return, willfully fails or refuses to make any payment to the Department of the tax imposed by this Act, or files a fraudulent …

(35 ILCS 200/10-500) Sec. 10-500. Short title. This Division may be cited as the Wooded Acreage Assessment Transition Law. (Source: P.A. 95-633, eff. 10-1-07.)

(35 ILCS 200/10-505) Sec. 10-505. Wooded acreage defined. For the purposes of this Division 17, "wooded acreage" means any parcel of unimproved real property that: (1) can be defined as "woodlands" by the United States Department of the Interior Bureau of Land Management; (2) is …

(35 ILCS 200/10-510) Sec. 10-510. Assessment of wooded acreage. (a) If wooded acreage was classified as farmland during the 2006 assessment year, then the property shall be assessed by multiplying the current fair cash value of the property by the transition percentage. The chief…

(35 ILCS 200/10-515) Sec. 10-515. Notice requirement. If the owner of property subject to this Division is a corporation, partnership, limited liability company, trust, or other similar entity, then it shall report to the chief county assessment officer any change in ownership in…

(35 ILCS 200/10-520) Sec. 10-520. Cook County exempt. This Division 17 does not apply to any property located within Cook County. (Source: P.A. 95-633, eff. 10-1-07.)

(35 ILCS 143/10-53) Sec. 10-53. Acting as a retailer of tobacco products without a license. Any person who knowingly acts as a retailer of tobacco products in this State without first having obtained a license to do so in compliance with Section 10-21 of this Act or a license in …

(35 ILCS 143/10-55) Sec. 10-55. Arrest; search and seizure without warrant. Any duly authorized employee of the Department (i) may arrest without warrant any person committing in his or her presence a violation of any of the provisions of this Act, (ii) may without a search warra…

(35 ILCS 200/10-55) Sec. 10-55. Application process and application period. (a) The Director shall receive applications for certificates of rehabilitation in a form and manner provided by him or her by rule. The Director shall promptly notify the assessment officer of receipt of …

(35 ILCS 17/10-55) Sec. 10-55. Program terms and conditions. Any documentary materials or data made available or received from an applicant by any agent or employee of the Department are confidential and are not public records to the extent that the materials or data consist of c…

(35 ILCS 525/10-55) Sec. 10-55. Deposit of proceeds from parking excise tax. The moneys received by the Department from the tax imposed by this Act shall be deposited into the Capital Projects Fund. (Source: P.A. 101-31, eff. 6-28-19.)

(35 ILCS 143/10-56) Sec. 10-56. Seizure and forfeiture. After seizing any tobacco products or vending devices, as provided in Section 10-55, the Department must hold a hearing and determine whether (i) the distributor or retailer was properly licensed to sell the tobacco products…

(35 ILCS 143/10-57) Sec. 10-57. Search warrant; issuance and return; process; confiscation of property; forfeitures. If a peace officer of this State or any duly authorized officer or employee of the Department has reason to believe that any violation of this Act has occurred and…

(35 ILCS 143/10-58) Sec. 10-58. Sale of forfeited tobacco products or vending devices. (a) When any tobacco products or any vending devices are declared forfeited to the State by the Department, as provided in Section 10-55, and when all proceedings for the judicial review of the…

(35 ILCS 200/10-60) Sec. 10-60. Certificate of status. It is the duty of the titleholder of record or the owner of the beneficial interest of any historic building which has been issued a certificate of rehabilitation, to file with the chief county assessment officer, on or befor…

(35 ILCS 200/10-600) Sec. 10-600. Definitions. For the purposes of this Division 18: "Wind energy device" means any device, with a nameplate capacity of at least 0.5 megawatts, that is used in the process of converting kinetic energy from the wind to generate electric power for c…

(35 ILCS 200/10-605) Sec. 10-605. Valuation of wind energy devices. Beginning in assessment year 2007, the fair cash value of wind energy devices shall be determined by subtracting the allowance for physical depreciation from the trended real property cost basis. Functional obsol…

(35 ILCS 200/10-610) Sec. 10-610. Applicability. (a) The provisions of this Division apply for assessment years 2007 through 2035. (b) The provisions of this Division do not apply to wind energy devices that are owned by any person or entity that is otherwise exempt from taxation…

(35 ILCS 200/10-615) Sec. 10-615. Wind energy assessable property is not subject to equalization. Wind energy assessable property is not subject to equalization factors applied by the Department or any board of review, assessor, or chief county assessment officer. (Source: P.A. 9…

(35 ILCS 200/10-620) Sec. 10-620. Platting requirements; parcel identification numbers. The owner of a wind energy device shall, at his or her own expense, use an Illinois registered land surveyor to prepare a plat showing the metes and bounds description, including access routes…

(35 ILCS 200/10-65) Sec. 10-65. Receipt of applications. An approved local government shall receive applications for certificates of rehabilitation within its corporate boundaries. The decision of the approved local government shall be final unless disapproved by the Director wit…

(35 ILCS 200/10-70) Sec. 10-70. Computation of valuation. (a) Upon receipt of the certificate of rehabilitation, the assessment officer shall determine the base year valuation and shall make a notation on each statement of assessment during the 8-year valuation period and the adj…

(35 ILCS 200/10-700) Sec. 10-700. Qualified commercial and industrial property; tornado disaster. Notwithstanding any other provision of law, each qualified parcel of commercial or industrial property owned and used by a small business shall be valued at the lesser of (i) its mod…