35 ILCS 16/40

Current through Public Act 103-1056
Section 35 ILCS 16/40 - Amount and Duration of the Credit

The amount of the credit awarded under this Act is based on the amount of the Illinois labor expenditure and Illinois production spending approved by the Department for the production as set forth under Section 10. The duration of the credit may not exceed one taxable year.

35 ILCS 16/40

Added by P.A. 095-0720,§ 40, eff. 5/27/2008.