Illinois Statutes
§ 40 — Amount and duration of the credit
Illinois § 40
JurisdictionIllinois
TopicGOVERNMENT
Ch. 35REVENUE
Act 35 ILCS 16/Film Production Services Tax Credit Act of 2008.
This text of Illinois § 40 (Amount and duration of the credit) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
35 Ill. Comp. Stat. 40 (2026).
Text
The amount of the credit awarded under this Act is based on the amount of the Illinois labor expenditure and Illinois production spending approved by the Department for the production as set forth under Section 10. The duration of the credit may not exceed one taxable year.
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Legislative History
(Source: P.A. 95-720, eff. 5-27-08 .)
Nearby Sections
14
§ 40-1
Short title§ 40-10
Credit award§ 40-20
Powers of the Department§ 40-25
Program terms and conditions§ 40-5
Definitions§ 401
Taxable YearCite This Page — Counsel Stack
Bluebook (online)
Illinois § 40, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/35/40.