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35 ILCS 746/47-35

Act to be liberally construed

Known as the American Hostage Tax Liability Postponement Act

The act spans §§ 35-746-47-1 to 35-746-47-5 (9 sections).

P.A. 104-6, eff. 6-16-25.

This Act and the rules adopted under this Act shall be liberally construed to the end that tax liabilities of applicable individuals shall be postponed and no interest or penalty shall be accrued during the period that a person was unlawfully or wrongfully detained abroad or held hostage abroad.

Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.