Illinois Administrative Code
Title 14 - COMMERCE
Part 120 - MANUFACTURING ILLINOIS CHIPS FOR REAL OPPORTUNITY (MICRO) ACT
Subpart C - UTILITY TAX EXEMPTION
Section 120.130 - Eligibility
Universal Citation: 14 IL Admin Code ยง 120.130
Current through Register Vol. 48, No. 38, September 20, 2024
a) A taxpayer with a credit for a project that meets the qualifications under paragraphs (1), (2), and (4) of subsection (c) of Section 110-20 [35 ILCS 45/110-95] , subject to an agreement under the Act, may be certified by the Department to receive an exemption from:
1)
the tax imposed at the project
site by Section 2-4 of the Electricity Excise Tax Law,
and/or
2)
any additional
charges added to the taxpayer's utility bills at the project site as a pass-on
of State utility taxes under Section 9-222 of the Public Utilities
Act. [35 ILCS 45/110-95]
b) To receive a certification for the utility tax exemption, the taxpayer must be registered to self-assess that tax.
Disclaimer: These regulations may not be the most recent version. Illinois may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
