Amends the New Markets Development Program Act. Provides that a credit under the Act may be transferred to an affiliate. Provides that the cap on credits is $37,000,000 for fiscal years beginning on or after July 1, 2029. Makes changes concerning the allocation schedule. Effective immediately.
Statutes affected: Introduced: 20 ILCS 663/15, 20 ILCS 663/20, 20 ILCS 663/25, 20 ILCS 663/50