Illinois Statutes
§ 50-45 — Qualified music program evaluation and reports
Illinois·Topic GOVERNMENT·Ch. 35 REVENUE·Act 35 ILCS 19/ Music and Musicians Tax Credit and Jobs Act.
(a)(Blank). The Department may make a recommendation to extend, modify, or not extend the program based on the evaluation.
(b)(Blank).
(c)At the end of each fiscal year, the Department shall submit to the General Assembly a report that includes, without limitation:
(1)the identification of each vendor that provided goods or services that were included in a qualified music company's Illinois spending;
(2)a statement of the amount paid to each identified vendor by the qualified music program and whether the vendor is a minority-owned or women-owned business as defined in Section 2 of the Business Enterprise for Minorities, Women, and Persons with Disabilities Act; and (3) a description of the steps taken by the Department to encourage qualified music companies to use vendors who are min
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Legislative History
(Source: P.A. 103-592, eff. 6-7-24; 103-1055, eff. 12-20-24; 104-283, eff. 8-15-25.)
Nearby Sections
15
§ 50-1
Short title§ 50-10
Definitions§ 50-15
Powers of the Department§ 50-25
§ 50-25§ 50-5
Purpose§ 50-50
Program terms and conditions§ 501
§ 501§ 502
Returns and notices§ 502.1
Use tax