SB1567 EnrolledLRB100 06206 HLH 16240 b

1    AN ACT concerning revenue.
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
4    Section 5. The Economic Development for a Growing Economy
5Tax Credit Act is amended by adding Section 5-57 as follows:
6    (35 ILCS 10/5-57 new)
7    Sec. 5-57. Supplier diversity goals; reports. Each
8taxpayer claiming a credit under this Act shall, no later than
9April 15 of each taxable year for which the taxpayer claims a
10credit under this Act, submit to the Department of Commerce and
11Economic Opportunity an annual report containing the
12information described in subsections (b), (c), (d), and (e) of
13Section 5-117 of the Public Utilities Act. Those reports shall
14be submitted in the form and manner required by the Department
15of Commerce and Economic Opportunity.
16    Section 99. Effective date. This Act takes effect upon
17becoming law.