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09600SB3816sam001 |
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LRB096 20655 HLH 37968 a |
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| rules setting forth qualifications for expenditures. |
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| For the purposes of this Section, "disabled veteran" means |
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| a person who has served in the armed forces of
the
United |
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| States and whose disability is of such a nature that the |
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| federal
government has
authorized payment for purchase or |
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| construction of specially adapted housing as
set
forth in the |
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| United States Code, Title 38, Chapter 21, Section 2101. |
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| Eligibility for a credit under this Section must be |
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| reestablished on an annual basis by certification from the |
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| Illinois Department of Veterans' Affairs. |
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| In no event shall a credit under this Section reduce the |
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| taxpayer's liability to less than zero. If the amount of the |
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| credit exceeds the taxpayer's liability for the taxable year, |
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| the excess credit may not be carried forward or back and shall |
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| not be refunded to the taxpayer. This Section is exempt from |
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| the provisions of Section 250.
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| Section 99. Effective date. This Act takes effect upon |
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| becoming law.".
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