| | 1: | | Title: | | | | | Volume/Number: | | | | | Issuing Agency: | | | | | Description: | Since 1992, state agencies have been required by law to report to the Comptroller on the impact of tax expenditures. The Tax Expenditure Report, published annually, is an outgrowth of that statutory requirement. A tax expenditure is any exemption, exclusion, deduction, allowance, credit, preferential tax rate, abatement, or other device that reduces the amount of tax revenue that would otherwise accrue to the State. | | | | Date Created: | 01 08 1999 | | | | Agency ID: | | | | | ISL ID: | 000000013160 Original UID: 7016 FIRST WORD: Illinois | |
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