Sec. 45. Tax abatement on environmental equipment.
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/il/chapter-510/act-77/45A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 45. Tax abatement on environmental equipment. The Department in cooperation with the Agency and the Department of Revenue shall recommend to the General Assembly incentive programs that will provide for the abatement of state income tax or real estate tax on capital expenditures made by the facility owner for purchasing equipment that will mitigate air and water quality problems.