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 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 three years after the Effective Date of the Act and every three years thereafter.
20 ILCS 686/80
Evaluation of tax credit program
Known as the Reimagining Energy and Vehicles in Illinois Act
The act spans §§ 20-686-1 to 20-686-999 (33 sections).
P.A. 102-669, eff. 11-16-21.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.