TITLE 86: REVENUE
CHAPTER I: DEPARTMENT OF REVENUE PART 511 ELECTRICITY EXCISE TAX LAW SECTION 511.140 PUBLIC UTILITY RETAIL RATE CREDIT
Section 511.140 Public Utility Retail Rate Credit
Public utilities that are required to purchase electricity from qualified solid waste energy facilities and incur liability as delivering suppliers are entitled to a credit against their Electricity Excise Tax liability in an amount determined under Section 8-403.1(d) of the Public Utilities Act [220 ILCS 5/8-403.1(d)]. (See 35 ILCS 640/2-7(b).)
(Source: Amended at 48 Ill. Reg. 17635, effective November 22, 2024) |