Illinois Administrative Code
Title 14 - COMMERCE
Part 532 - ILLINOIS LIVE THEATER PRODUCTION TAX CREDIT PROGRAM
Section 532.60 - Approval/Denial of Accredited Theater Production Certificate

a) The Department reserves the right to make inquiries, to conduct studies and to review information with respect to the application. The Department also reserves the right to request information from the applicant that is necessary to calculate the amount of the theater tax credit award.

b) The Department reserves the right to reject any application that does not comply with the statutory requirements of the Act and this Part. Upon receipt of an application, the Department shall review the application for completeness and approve or deny it within 60 days from the date of receipt. Applications are subject to final approval by the Director of the Department.

c) Applicants shall be notified in writing as to the Department's evaluation of all completed applications. If the Department denies an application for an accredited theater production certificate, it will specify the reasons for denial in writing. All decisions made by the Department are deemed absolute and not subject to an appeal process.

d) Upon approval of an application, the Department will issue an accredited theater production certificate certifying that the production is an accredited theater production that meets the statutory requirements of the Act and this Part. Each accredited theater production certificate will be assigned a number to establish the applicant's place in the queue for the relevant tax year.

e) When the Department issues an accredited theater production certificate, this certificate does not automatically entitle the applicant to a theater tax credit award.