Illinois Code § 35 ILCS 25/20

Certificate of eligibility for tax credit.
Open in Lexace · Ask the AI about this section
(a) An applicant that has hired a new employee during the incentive period may apply for a certificate of eligibility for the credit with respect to that position on or after the date of hire of the new employee. The date of hire shall be the first day on which the employee begins providing services for basic wage compensation.
 
(b) An applicant may apply for a certificate of eligibility for the credit for more than one new employee on or after the date of hire of each qualifying new employee.
 
(c) After receipt of an application under this Section, the Department shall issue a certificate of eligibility to the applicant, stating:
 
 
(1) The date and time on which the application was 
 
received by the Department and an identifying number assigned to the applicant by the Department.
 
 
(2) The maximum amount of the credit the applicant 
 
could potentially receive under this Act with respect to the new employees listed on the application.
 
 
(3) The maximum amount of the credit potentially 
 
allowable on certificates of eligibility issued for applications received prior to the application for which the certificate of eligibility is issued.

received by the Department and an identifying number assigned to the applicant by the Department.
could potentially receive under this Act with respect to the new employees listed on the application.
allowable on certificates of eligibility issued for applications received prior to the application for which the certificate of eligibility is issued.

‹ Prev All Illinois sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.