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20 ILCS 2505/2505-550

(20 ILCS 2505/2505-550) (was 20 ILCS 2505/39b51)

Sec. 2505-550. Jobs Impact Committee and report.

With respect
to the credits
provided for by Sections 209 and 210 of the Illinois Income Tax Act, Section
3-50 of the Use Tax Act, Section 2 of the Service Use Tax Act, Section 2 of the
Service Occupation Tax Act, and Section 2-45 of the Retailers' Occupation Tax
Act, there is hereby created a Jobs Impact Committee, which shall consist
of the
Director or the person or persons
the Director may
designate, and the representative or representatives that shall be designated
to
serve on the Committee by the Department of Commerce and
Economic Opportunity, the
Governor's Office of Management and Budget, and the Commission on Government Forecasting and Accountability.  The
Committee,
so assembled, shall invite and appoint 2 members of the businesses that are
eligible for the credits provided by those Sections.  The Committee shall study
the use and effectiveness of these credits with regard to job creation relative
to the revenue loss to the State from the provision of these credits.  The
Director shall, on behalf of the Committee,
submit
the Committee's report to the General Assembly on or before June 30, 1998.

(Source: P.A. 93-1067, eff. 1-15-05.)