(a) In order to qualify for a tax credit under this Act, an applicant must file an application, on forms prescribed by the Department, providing information necessary to calculate the tax credit, and any additional information as required by the Department. (b) Upon satisfactory review of the application, the Department shall issue a Tax Credit Certificate stating the amount of the tax credit to which the applicant is entitled.
35 ILCS 16/35
Issuance of Tax Credit Certificate
Known as the Film Production Services Tax Credit Act
The act spans §§ 35-16-1 to 35-16-999 (19 sections).
P.A. 95-720, eff. 5-27-08.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.