Illinois § 110-25
Full text of Illinois Illinois Compiled Statutes § 110-25, with citation guidance and answers to common questions.
§ 110-25.
Review of application. The Department shall determine which projects will benefit the State. In making its recommendation that an applicant's application for credit should or should not be accepted, which shall occur within a reasonable time frame as determined by the nature of the application, the Department shall determine that all the following conditions exist: (1) the applicant intends to make the required investment in the State and intends to hire the required number of full-time employees; (2) the applicant's project is economically sound, will benefit the people of the State by increasing opportunities for employment, and will strengthen the economy of the State; (3) awarding the credit will result in an overall positive fiscal impact to the State, as certified by the Department using the best available data; and (4) the credit is not prohibited under this Act. (Source: P.A. 102-700, eff. 4-19-22.)
Frequently Asked Questions About Illinois § 110-25
What does Illinois Compiled Statutes § 110-25 cover?
Section 110-25 is part of the Illinois Compiled Statutes, the codified statutory law of Illinois. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Illinois § 110-25?
A common citation format is "Illinois Compiled Statutes § 110-25" (Illinois). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Illinois law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Illinois official source linked on this page or consult a licensed Illinois attorney.
How does Illinois § 110-25 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Illinois can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Illinois.