Source: http://www.ilga.gov/legislation/ilcs/ilcs5.asp?ActID=578&ChapterID=8
Timestamp: 2018-01-22 10:20:14
Document Index: 166390210

Matched Legal Cases: ['Art. 10', 'Art. 10', 'Art. 15', 'Art. 15', 'Art. 20', 'Art. 20', 'Art. 999', 'Art. 999']

involve an investment of at least $2,500,000 in capital improvements to be placed in service within the State as a direct result of the project; if the Applicant has 100 or fewer employees, then there is no capital investment requirement; and
Sec. 5-80. Adoption of rules. The Department may adopt rules necessary to implement this Act. The rules may provide for recipients of Credits under this Act to be charged fees to cover administrative costs of the tax credit program. Fees collected shall be deposited into the Economic Development for a Growing Economy Fund.
Sec. 5-85. The Economic Development for a Growing Economy Fund.
(a) The Economic Development for a Growing Economy Fund is established to be used exclusively for the purposes of this Act, including paying for the costs of administering this Act. The Fund shall be administered by the Department.
(c) The State Treasurer shall invest the money in the Fund not currently needed to meet the obligations of the Fund in the same manner as other public funds may be invested. Interest that accrues from these investments shall be deposited into the Fund.
(d) The money in the Fund at the end of a State fiscal year remains in the Fund to be used exclusively for the purposes of this Act. Expenditures from the Fund are subject to appropriation by the General Assembly.
35 ILCS 10/Art. 10
(35 ILCS 10/Art. 10 heading) ARTICLE 10. (Amendatory provisions; text omitted)
35 ILCS 10/Art. 15
(35 ILCS 10/Art. 15 heading) ARTICLE 15. (This Article is compiled at 20 ILCS 3966/)
35 ILCS 10/Art. 20
(35 ILCS 10/Art. 20 heading) ARTICLE 20 (This Article is compiled at 20 ILCS 695/)
35 ILCS 10/Art. 999
(35 ILCS 10/Art. 999 heading) ARTICLE 999.
35 ILCS 10/999-1
(35 ILCS 10/999-1)