Illinois Statutes
§ 77-5 — Purpose
Illinois § 77-5
JurisdictionIllinois
TopicGOVERNMENT
Ch. 35REVENUE
Act 35 ILCS 65/Advancing Innovative Manufacturing for Illinois Tax Credit Act.
This text of Illinois § 77-5 (Purpose) 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. 77-5 (2026).
Text
The General Assembly intends that Illinois should lead the nation in manufacturing domestically and internationally demanded goods. Through the support of manufacturers existing within Illinois and those seeking to relocate to Illinois, this Act is intended to spur innovation in growth industries and fast-growing sectors, including: automotive manufacturing; aerospace manufacturing; energy and life sciences; machine manufacturing; fabricated metal manufacturing; chemical manufacturing; robotics; and the production of advanced materials. This Act is intended to create good-paying jobs, generate long-term economic investment in the Illinois business economy, and ensure that vital products are made in the United States. Illinois must aggressively adopt new business development investment tool
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Legislative History
(Source: P.A. 104-6, eff. 6-16-25.)
Nearby Sections
11
§ 77-1
Short title§ 77-10
Definitions§ 77-15
Powers of the Department§ 77-20
§ 77-20§ 77-25
Tax credit awards§ 77-35
§ 77-35§ 77-45
Annual report§ 77-5
Purpose§ 77-50
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Bluebook (online)
Illinois § 77-5, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/35/77-5.