reglab/housing_qa huggingface dataset:
35 ILCS 5/1405.1
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 14 - Miscellaneous Provisions

 (from Ch. 120, par. 14-1405.1)Sec. 1405.1.     Information Reports:(a) Rents and royalties. Any person maintaining an office or transacting  business in Illinois and required under Sections 6041 and 6050N of the Internal  Revenue Code of 1986 to report to the U.S. Secretary of the Treasury payments  made to another person shall not also be required to file with the  Department copies of  those  reports. The person shall maintain, in a format available for review by the  Department, copies of the reports that include a payment of $1,000 or  more which is, in whole or part, for  one or more of the following:(1) rents and royalties for real property located in     Illinois;(2) rents and royalties for tangible personal     property if the tangible personal property was physically located in Illinois at any time during the rental period;(3) royalties paid on a patent which is employed in     production, fabrication, manufacturing, or other processing in Illinois;(4) royalties paid on a patented product which is     produced in Illinois; and(5) royalties paid on a copyright to compensate the     holder of the copyright for printing or other publication which originates in Illinois.(b) The Department of Revenue shall obtain from the United States  Agricultural Stabilization and Conservation Service and the Illinois Department  of Agriculture a list of non-resident owners of record of Illinois farmland.  The Department of Revenue shall utilize this list for the purpose of aiding the  Department in determining the Illinois tax liability under this Act of such  non-resident owners.    (Source: P.A. 89-399, eff. 8-20-95.)
35 ILCS 5/1405.3
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 14 - Miscellaneous Provisions

 (from Ch. 120, par. 14-1405.3)Sec. 1405.3.         (a) Payments made on or after January 1, 1989, for prizes  or awards.  Any person maintaining an office or transacting business in  Illinois shall maintain a record, in a format in which the record is subject  to review by the Department, of all payments, whether cash or  non-cash, made as prizes or awards.  Payments which meet all of the  following criteria are considered payments of prizes or awards:(1) the payment is made in the ordinary course of the     trade or business of the payor,(2) the payment is in complete or partial     satisfaction of a prize or award in excess of $1000 won by a particular individual or group of individuals for themselves or their sponsors as a result of their participation and relative performance, or the participation and relative performance of an animal or motor vehicle which they own, in any contest staged wholly in Illinois provided that no reporting will be required if there is certification that the individual or group of individuals receiving the prize or award is composed solely of Illinois residents, and further provided that no reporting will be required if there is certification that the individual or group of individuals is employed by a person maintaining an office in Illinois.(b) Information required to be maintained.  The  information to be maintained in a format in which the information is  available  for review by the Department shall specify the identifying numbers of persons  receiving the prize or award, the names of the persons receiving the prize  or award, the addresses of the persons receiving the prize or award, and  the aggregate amount of payments or the fair market value of the non-cash  prize or award received by each person.  The information shall  also specify the  identifying number, name, and address of the payor.(c) Every person required to maintain information  under subsection (a) shall  furnish to each person with respect to whom such information  is required to be maintained a  copy of the information maintained for Department inspection.Where the payment is made to a person or persons other than the  individual or group of individuals receiving the prize or award, the  written statement furnished to the payment recipients shall state that such  persons shall in turn inform the individuals receiving the prize or award,  or their employer if such individuals were employed, that the payment has  been reported to the Department of Revenue.The written statement required under the preceding sentence shall be  furnished to the person on or before January 31 of the year following the  calendar year for which the report under subsection (a) was required to  be made.(d) Penalties.  Any person required to provide copies of information to  persons to whom payments are made under subsection  (c) of this Section who fails to do so shall be subject to the  penalty prescribed by Section 3-4 of the Uniform Penalty and Interest Act.    (Source: P.A. 89-399, eff. 8-20-95.)
35 ILCS 5/1405.4
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 14 - Miscellaneous Provisions

Sec. 1405.4. Tax refund inquiries; response. The Department of Revenue  shall establish procedures to inform taxpayers of the status of their refunds and shall provide a response to each inquiry concerning refunds under this Act  within 10 days after receiving the inquiry.  (Source: P.A. 97-507, eff. 8-23-11.)
35 ILCS 5/1405.5
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 14 - Miscellaneous Provisions

Sec. 1405.5. Registration of tax shelters.(a) Federal tax shelter.  Any material advisor required to make a return under Section 6111 of the Internal Revenue Code with respect to a reportable transaction shall send a duplicate of the return to the Department not later than the day on which the return is required to be filed under federal law.(b) (Blank).(c) Transactions subject to this Section.  The provisions of this Section apply to any reportable transaction having a nexus with this State. For returns that must be filed under this Section on or after January 1, 2008, a reportable transaction has nexus with this State if, at the time the transaction is entered into, the transaction has one or more investors that is an Illinois taxpayer.  For returns that must be filed under this Section prior to January 1, 2008, a tax shelter has a nexus with this State if it satisfies any of the following conditions: (1) is organized in this State; (2) is doing business in this State; or (3) is deriving income from sources in this State.(d) (Blank).  (Source: P.A. 95-707, eff. 1-11-08.)
35 ILCS 5/1405.6
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 14 - Miscellaneous Provisions

Sec. 1405.6. Investor lists.(a) Federal abusive tax shelter.  Any person required to maintain a list under Section 6112 of the Internal Revenue Code shall furnish a duplicate of such list to the Department not later than the earlier of the time such list is required to be furnished to the Internal Revenue Service for inspection under Section 6112 of the Internal Revenue Code or the date of written request by the Department.(b) (Blank).(c) Transactions subject to this Section. The provisions of this Section apply to any reportable transaction having a nexus with this State. For lists that must be filed with the Department on or after January 1, 2008, a reportable transaction has nexus with this State if, at the time the transaction is entered into, the transaction has one or more investors that is an Illinois taxpayer. For lists that must be filed with the Department prior to January 1, 2008, a reportable transaction has nexus with this State if, at the time the transaction is:(1) Organized in this State;(2) Doing Business in this State; or(3) Deriving income from sources in this State.  (Source: P.A. 95-707, eff. 1-11-08.)
35 ILCS 5/1406
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 14 - Miscellaneous Provisions

 (from Ch. 120, par. 14-1406)Sec. 1406.     Identifying Numbers.(a) Supplying of identifying numbers. When required by regulations  prescribed by the Department:(1) Inclusion in returns. Any person required under     this Act to make a return, statement, or other document shall include in such return, statement, or other document such identifying number as may be prescribed for securing proper identification of such person.(2) Furnishing number to other persons. Any person     with respect to whom a return, statement, or other document is required under this Act to be made by another person shall furnish to such other person such identifying number as may be prescribed for securing his proper identification.(3) Furnishing number of another person. Any person     required under this Act to make a return, statement, or other document with respect to another person shall request from such other person, and shall include in any such return, statement, or other document, such identifying number as may be prescribed for securing proper identification of such other person.(b) Limitation.(1) Except as provided in paragraph (2), a return of     any person with respect to his liability for tax, or any statement or other document in support thereof, shall not be considered for purposes of paragraphs (2) and (3) of subsection (a) as a return, statement, or other document with respect to another person.(2) For purposes of paragraphs (2) and (3) of     subsection (a), a return of an estate or trust with respect to its liability for tax, and any statement or other document in support thereof, shall be considered as a return, statement, or other document with respect to each beneficiary of such estate or trust.(c) Requirement of information. For purposes of this section, the  Department is authorized to require such information as may be necessary to  assign an identifying number to any person.    (Source: P.A. 76-261.)
35 ILCS 5/1407
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 14 - Miscellaneous Provisions

 (from Ch. 120, par. 14-1407)Sec. 1407.     Amounts Less than $1.     (a) Payments, refunds, etc.  The  Department may by regulations provide that if a total amount of less than  $1 is payable, refundable or creditable, such amount may be disregarded  or, alternatively, shall be disregarded if it is less than 50 cents and  shall be increased to $1 if it is 50 cents or more.(b) Rounding.  The Department may by regulations provide that any amount  which is required to be shown or reported on any return or other document  under this Act shall, if such amount is not a whole-dollar amount, be increased  to the nearest whole-dollar amount in any case where the fractional part  of a dollar is 50 cents or more, and decreased to the nearest whole-dollar  amount where the fractional part of a dollar is less than 50 cents.    (Source: P.A. 76-261.)
35 ILCS 5/1408
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 14 - Miscellaneous Provisions

(35 ILCS 5/1408) (from Ch. 120, par. 14-1408)Sec. 1408.   Except as otherwise provided in the Illinois Independent Tax Tribunal Act of 2012, the Illinois Administrative Procedure Act is hereby expressly  adopted and shall apply to all administrative rules and procedures of the  Department of Revenue under this Act, except that (1) paragraph (b) of Section  5-10 of the Illinois Administrative Procedure Act does not apply to final  orders, decisions and opinions of the Department, (2) subparagraph (a)2 of  Section 5-10 of the Illinois Administrative Procedure Act does not apply to  forms established by the Department for use under this Act, and (3) the  provisions of Section 10-45 of the Illinois Administrative Procedure Act  regarding proposals for decision are excluded and not applicable to the  Department under this Act.  (Source: P.A. 97-1129, eff. 8-28-12; 98-463, eff. 8-16-13.)
35 ILCS 5/Art. 15 heading
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 15 - Definitions And Rules Of Interpretation

 ARTICLE 15.      DEFINITIONS AND RULES OF INTERPRETATION.
35 ILCS 5/1502
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 15 - Definitions And Rules Of Interpretation

(35 ILCS 5/1502) (from Ch. 120, par. 15-1502)Sec. 1502.     Arrangement and Captions.No inference, implication, or presumption of legislative construction  shall be drawn or made by reason of the location or grouping of any  particular Section or provision of this Act, nor shall any caption be given  any legal effect.    (Source: P.A. 76-261.)
35 ILCS 5/Art. 16 heading
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 16 - Severability

 ARTICLE 16.      SEVERABILITY.
35 ILCS 5/1601
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 16 - Severability

(35 ILCS 5/1601) (from Ch. 120, par. 16-1601)Sec. 1601.     Severability.Any clause, sentence, section, provision or part of this Act or the  application thereof to any person or circumstance shall be adjudged to be  unconstitutional, the remainder of this Act or its application to persons  or circumstances other than those to which it is held invalid, shall not be  affected thereby.    (Source: P.A. 76-261.)
35 ILCS 5/Art. 17 heading
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 17 - Effective Date

 ARTICLE 17.      EFFECTIVE DATE
35 ILCS 5/1701
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 5/ - Illinois Income Tax Act.|Article 17 - Effective Date

(35 ILCS 5/1701) (from Ch. 120, par. 17-1701)Sec. 1701.     Effective Date.     This Act shall take effect August 1, 1969.    (Source: P.A. 76-261.)
35 ILCS 10/Art. 5 heading
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 10/ - Economic Development for a Growing Economy Tax Credit Act.|Article 5 - Economic Development for a Growing Economy Tax Credit Act

 ARTICLE 5.
35 ILCS 10/5-1
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 10/ - Economic Development for a Growing Economy Tax Credit Act.|Article 5 - Economic Development for a Growing Economy Tax Credit Act

Sec. 5-1.     Short title.     This Article may be cited as the Economic Development for a Growing Economy Tax Credit Act.    (Source: P.A. 91-476, eff. 8-11-99.)
35 ILCS 10/5-3
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 10/ - Economic Development for a Growing Economy Tax Credit Act.|Article 5 - Economic Development for a Growing Economy Tax Credit Act

Sec. 5-3.     Purpose.     The General Assembly finds that the Illinois economy,  although currently strong, is  still highly vulnerable to other states and nations that have major financial  incentive programs for medium-sized and large firm relocations.  Because of the  incentive programs of these  competitor locations, Illinois  must move aggressively with new business development investment tools so that  Illinois is more  competitive in site location decision-making.  The State must not only continue  to work with firms to help  them locate their new plants and facilities in Illinois but also must provide  competitive investment location  tax credits in support of the location and expansion of medium-sized and large  operations of commerce  and industry. In an increasingly global economy, Illinois' long-term  development would benefit from  rational, strategic use of State resources in support of business development  and growth.    (Source: P.A. 91-476, eff. 8-11-99.)
35 ILCS 10/5-20
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 10/ - Economic Development for a Growing Economy Tax Credit Act.|Article 5 - Economic Development for a Growing Economy Tax Credit Act

Sec. 5-20. Application for a  project to create and retain new jobs.(a) Any Taxpayer proposing a project located or planned to be located in  Illinois may request consideration  for designation of its project, by formal written letter of request or by  formal application to the Department,  in which the Applicant states its intent to make at least a specified level of  investment and  intends to hire or retain a  specified number of full-time employees at a designated location in Illinois.  As  circumstances require, the  Department may require a formal application from an Applicant and a formal  letter of request for  assistance.(b) In order to qualify for Credits under this Act, an Applicant's project  must:(1) if the Applicant has more than 100 employees,     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;(1.5) if the Applicant has more than 100 employees,     employ a number of new employees in the State equal to the lesser of (A) 10% of the number of full-time employees employed by the applicant world-wide on the date the application is filed with the Department or (B) 50 New Employees; and, if the Applicant has 100 or fewer employees, employ a number of new employees in the State equal to the lesser of (A) 5% of the number of full-time employees employed by the applicant world-wide on the date the application is filed with the Department or (B) 50 New Employees;(2) (blank);(3) (blank);  and(4)   include an annual sexual harassment policy     report as provided under Section 5-58.(c) After receipt of an application, the Department may enter into an  Agreement with the Applicant if the  application is accepted in accordance with Section 5-25.  (Source: P.A. 100-511, eff. 9-18-17; 100-698, eff. 1-1-19; 101-81, eff. 7-12-19.)
35 ILCS 10/5-25
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 10/ - Economic Development for a Growing Economy Tax Credit Act.|Article 5 - Economic Development for a Growing Economy Tax Credit Act

Sec. 5-25. Review of Application.(a) (Blank).(b) The Department shall determine which projects will benefit the State.  In making its recommendation that  an Applicant's application for Credit should or should not be accepted, which  shall occur  within a reasonable time frame  as determined by the nature of the application, the Department shall determine  that  all the following conditions  exist:(1) The Applicant's project intends, as required by     subsection (b) of Section 5-20 to make the required investment in the State and intends to hire the required number of New Employees in Illinois as a result of that project.(2) The Applicant's project is economically sound and     will benefit the people of the State of Illinois by increasing opportunities for employment and strengthen the economy of Illinois.(3) That, if not for the Credit, the project would     not occur in Illinois, which may be demonstrated by evidence that receipt of the Credit is essential to the Applicant's decision to create new jobs in the State, such as the magnitude of the cost differential between Illinois and a competing State; in addition, if the Applicant is seeking an increase in the maximum amount of the Credit for retained employees, the Applicant must provide evidence the Applicant has multi-state location options and could reasonably and efficiently locate outside of the State or demonstrate that at least one other state is being considered for the project.(4) A cost differential is identified, using best     available data, in the projected costs for the Applicant's project compared to the costs in the competing state, including the impact of the competing state's incentive programs. The competing state's incentive programs shall include state, local, private, and federal funds available.(5) The political subdivisions affected by the     project have committed local incentives with respect to the project, considering local ability to assist.(6) Awarding the Credit will result in an overall     positive fiscal impact to the State, as certified by the Department using the best available data.(7) The Credit is not prohibited by Section 5-35 of     this Act. (Source: P.A. 102-330, eff. 1-1-22.)
35 ILCS 10/5-30
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 10/ - Economic Development for a Growing Economy Tax Credit Act.|Article 5 - Economic Development for a Growing Economy Tax Credit Act

Sec. 5-30.     Limitation to amount of costs of specified items.     The total amount of the Credit allowed during all tax years may not exceed  the aggregate amount of costs incurred by the Taxpayer during all prior tax  years for the following items, to the extent provided in the Agreement:(1) capital investment, including, but not limited     to, equipment, buildings, or land;(2) infrastructure development;(3) debt service, except refinancing of current debt;(4) research and development;(5) job training and education;(6) lease costs; or(7) relocation costs.    (Source: P.A. 91-476, eff. 8-11-99.)
35 ILCS 10/5-35
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 10/ - Economic Development for a Growing Economy Tax Credit Act.|Article 5 - Economic Development for a Growing Economy Tax Credit Act

Sec. 5-35.     Relocation of jobs in Illinois.     A taxpayer is not entitled to  claim the credit provided by this Act with respect to any jobs that the  taxpayer  relocates  from one  site in Illinois to another site in Illinois.  A taxpayer with respect to a qualifying project certified under the Corporate  Headquarters Relocation Act, however, is not subject to the requirements of  this Section but is nevertheless considered an applicant for purposes of this  Act.  Moreover, any full-time employee of an eligible business relocated to Illinois  in connection with that qualifying project is  deemed to be a new employee for purposes of this Act.  Determinations under  this Section shall be made by the Department.    (Source: P.A. 91-476, eff. 8-11-99; 92-207, eff. 8-1-01.)
35 ILCS 10/5-40
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 10/ - Economic Development for a Growing Economy Tax Credit Act.|Article 5 - Economic Development for a Growing Economy Tax Credit Act

Sec. 5-40.     (Repealed).         (Source: P.A. 91-476, eff. 8-11-99. Repealed by P.A. 102-330, eff. 1-1-22.)
35 ILCS 10/5-45
2021 Illinois Compiled Statutes|Chapter 35 - REVENUE|35 ILCS 10/ - Economic Development for a Growing Economy Tax Credit Act.|Article 5 - Economic Development for a Growing Economy Tax Credit Act

Sec. 5-45. Amount and duration of the credit.(a) The Department shall  determine the amount and  duration of the credit awarded under this Act. The duration of the  credit may not exceed 10 taxable years.  The credit may be stated as  a percentage of the Incremental Income Tax attributable  to the applicant's project and may include a fixed dollar limitation.(b) Notwithstanding subsection (a),  and except as the credit may be applied in a carryover year pursuant to Section  211(4) of the Illinois Income Tax Act, the credit may be applied against the  State income tax liability in more than 10 taxable years but not in more than  15 taxable years for an eligible business  that (i) qualifies under this Act  and the Corporate Headquarters Relocation Act and has in fact undertaken a  qualifying project within the time frame specified by the Department of  Commerce and Economic Opportunity under that Act, and (ii) applies against its  State income tax liability, during the entire 15-year  period, no more than 60% of the maximum  credit per year that would otherwise be available under this Act.(c) Nothing in this Section shall prevent the Department, in consultation with the Department of Revenue, from adopting rules to extend the sunset of any earned, existing, and unused tax credit or credits a taxpayer may be in possession of, as provided for in Section 605-1055 of the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois, notwithstanding the carry-forward provisions pursuant to paragraph (4) of Section 211 of the Illinois Income Tax Act. (Source: P.A. 102-16, eff. 6-17-21.)