Sec. 40. Amount and duration of the credit.
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/il/chapter-35/act-16/40A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 40. Amount and duration of the credit. The amount of the credit awarded under this Act is based on the amount of the Illinois labor expenditure and Illinois production spending approved by the Department for the production as set forth under Section 10. The duration of the credit may not exceed one taxable year.