IL SB2878

Amends the Corporate Accountability for Tax Expenditures Act by making a technical change to Section 10 concerning the Unified Economic Development Budget.

Department of Revenue must submit an annual Unified Economic Development Budget to the General Assembly within 3 months after the end of each state fiscal year.

Budget must include aggregate amounts of uncollected or diverted state tax revenues from each type of development assistance and all state development assistance granted during the prior fiscal year.

All data in the Unified Economic Development Budget is subject to the Freedom of Information Act.

Department of Revenue may append its report on tax revenue amounts to the budget rather than submitting it separately.