§ 233 — Recovery and Mental Health Tax Credit Act

Illinois § 233

• Jurisdiction: Illinois
• Topic: GOVERNMENT
• Ch. 35: REVENUE
• Act 35 ILCS 5/: Illinois Income Tax Act.
• Art.: Article 2 - Tax Imposed

Text

For taxable years beginning on or after January 1, 2023, a taxpayer who has been awarded a credit under the Recovery and Mental Health Tax Credit Act is entitled to a credit against the tax imposed by subsections (a) and (b) of Section 201 as provided in that Act. This Section is exempt from the provisions of Section 250.

Legislative History

(Source: P.A. 102-1053, eff. 6-10-22; 103-154, eff. 6-30-23.)