Public Act 100-0721
SB2919 EnrolledLRB100 20329 HLH 35616 b

    AN ACT concerning revenue.
    Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
    Section 5. The Corporate Accountability for Tax
Expenditures Act is amended by changing Section 10 as follows:
    (20 ILCS 715/10)
    Sec. 10. Unified Economic Development Budget.
    (a) For each State fiscal year ending on or after June 30,
2005, the Department of Revenue shall submit an annual Unified
Economic Development Budget to the General Assembly. The
Unified Economic Development Budget shall be due within 3
months after the end of the fiscal year, and shall present all
types of development assistance granted during the prior fiscal
year, including:
        (1) The aggregate amount of uncollected or diverted
    State tax revenues resulting from each type of development
    assistance provided in the tax statutes, as reported to the
    Department of Revenue for tax years beginning during the
    third preceding calendar on tax returns filed during the
    fiscal year.
        (2) All State development assistance granted during
    the prior fiscal year.
    (b) All data contained in the Unified Economic Development
Budget presented to the General Assembly shall be fully subject
to the Freedom of Information Act.
    (c) The Department of Revenue shall submit a report of the
amounts in subdivision (a)(1) of this Section to the
Department, which may append such report to the Unified
Economic Development Budget rather than separately reporting
such amounts.
(Source: P.A. 93-552, eff. 8-20-03.)
    Section 99. Effective date. This Act takes effect upon
becoming law.