Public Act 0925 99TH GENERAL ASSEMBLY

SB0513 Enrolled LRB099 03069 HLH 23077 b

Public Act 099-0925

AN ACT concerning revenue.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Economic Development for a Growing Economy Tax Credit Act is amended by changing Section 5-77 as follows:

(35 ILCS 10/5-77)

Sec. 5-77. Sunset of new Agreements. The Department shall not enter into any new Agreements under the provisions of Section 5-50 of this Act after April 30, 2017 December 31, 2016.

(Source: P.A. 97-2, eff. 5-6-11.)

Section 99. Effective date. This Act takes effect upon becoming law.

Effective Date: 1/20/2017