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Illinois Compiled Statutes (Tax)

35 ILCS 10/5-55

Certificate of verification; submission to the Department of Revenue

Official textilga.gov

Sec. 5-55. Certificate of verification; submission to the Department of Revenue. A Taxpayer claiming a Credit under this Act shall submit to the Department of Revenue a copy of the Director's certificate of verification under this Act for the taxable year. However, failure to submit a copy of the certificate with the Taxpayer's tax return shall not invalidate a claim for a Credit. For a Taxpayer to be eligible for a certificate of verification, the Taxpayer shall provide proof as required by the Department prior to the end of each calendar year, including, but not limited to, attestation by the Taxpayer that:

# (1)

The project has substantially achieved the level of new full-time jobs specified in its Agreement.

# (2)

The project has substantially achieved the level of annual payroll in Illinois specified in its Agreement.

# (3)

The project has substantially achieved the level of capital investment in Illinois specified in its Agreement. (Source: P.A. 91-476, eff. 8-11-99.)

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Nearby sections (25 sections)
  1. 10/5-3 · Purpose
  2. 10/5-5 · Definitions
  3. 10/5-10 · Powers of the Department
  4. 10/5-15 · Tax Credit Awards
  5. 10/5-20 · Application for a project to create and retain new jobs
  6. 10/5-25 · Review of Application
  7. 10/5-30 · Limitation to amount of costs of specified items
  8. 10/5-35 · Relocation of jobs in Illinois
  9. 10/5-40 · (Repealed)
  10. 10/5-45 · Amount and duration of the credit
  11. 10/5-50 · Contents of Agreements with Applicants
  12. 10/5-51 · New Construction EDGE Agreement
  13. 10/5-55 · Certificate of verification; submission to the Department of…
  14. 10/5-56 · Annual report
  15. 10/5-57 · Supplier diversity goals; reports
  16. 10/5-58 · Sexual harassment policy report
  17. 10/5-60 · Pass through entity
  18. 10/5-65 · Noncompliance; notice; assessment
  19. 10/5-70 · Annual report
  20. 10/5-75 · Evaluation of tax credit program
  21. 10/5-77 · Sunset of new Agreements
  22. 10/5-80 · Adoption of rules
  23. 10/5-85 · (Repealed)
  24. 10/5-90 · Program terms and conditions
  25. 10/5-105 · (Amendatory provisions; text omitted)
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