Illinois Administrative Code
Title 86 - REVENUE
Part 950 - SECURE CHOICE SAVINGS PROGRAM ACT
Section 950.350 - Refunds
Current through Register Vol. 48, No. 38, September 20, 2024
a) An employer who has overpaid a penalty assessed under Section 85 of the Act may file a claim for refund with the Department. A claim shall be in writing and shall state the specific grounds upon which it is founded. As soon as practicable after a claim for refund is filed, the Department shall examine it and either issue a refund or issue a notice of denial. A denial of a claim for refund becomes final 120 days after the date of issuance of the notice of the denial except for such amounts denied as to which the employer has filed a protest with the Department. (Section 85(e) of the Act) A protest must be in writing and must include the following at a minimum:
b) If a protest is filed within 120 days, the Department shall reconsider the denial and grant the employer a hearing. As soon as practicable after the reconsideration and hearing, the Department shall issue a notice of decision to the employer. The notice shall set forth briefly the Department's findings of fact and the basis of decision in each case decided in whole or in part adversely to the employer. (Section 85(e) of the Act) If a protest has been timely filed, the decision of the Department shall become final: