Illinois § 5-35 Relocation of jobs in Illinois

Illinois Statutes

§ 5-35 — Relocation of jobs in Illinois

Illinois § 5-35

JurisdictionIllinois

TopicGOVERNMENT

Ch. 35REVENUE

Act 35 ILCS 10/Economic Development for a Growing Economy Tax Credit Act.

Art.Article 5 - Economic Development for a Growing Economy Tax Credit Act

This text of Illinois § 5-35 (Relocation of jobs in Illinois) 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. 5-35 (2026).

Text

A taxpayer is not entitled to claim the credit provided by this Act with respect to any jobs that the taxpayer relocates from one site in Illinois unless the taxpayer has agreed to hire the minimum number of new employees and the Department has determined that the expansion cannot reasonably be accommodated within the municipality in which the business is located. Determinations under this Section shall be made by the Department.

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A taxpayer is not entitled to claim the credit provided by this Act with respect to any jobs that the taxpayer relocates from one site in Illinois unless the taxpayer has agreed to hire the minimum number of new employees and the Department has determined that the expansion cannot reasonably be accommodated within the municipality in which the business is located. Determinations under this Section shall be made by the Department.