Section 8708-E - Grant of tax creditThe following shall apply:
(1) The department shall grant a tax credit authorized under section 1707-E. The department shall, within 60 days of receipt of notice undersection 1707-E(e), issue a notice of grant of a tax credit to the eligible applicant.(2) Before a tax credit is granted, the department must make a finding that the applicant has filed all required State tax reports and returns for all applicable taxable years and paid any balance of State tax due as determined at settlement or assessment by the department.1971, March 4, P.L. 6, No. 2, art. XVII-E, § 1708-E, added 2007, July 25, P.L. 373, No. 55, §7, effective in 90 days [ 10/23/2007].