Manufacturer’s Purchase Credit (MPC) can no longer be earned because the law enacting it sunset on August 30, 2014. MPC cannot be earned on purchases with an invoice date of August 31, 2014 or later. All other procedures regarding MPC usage remain the same as prior to the sunset.
MPC may be used to pay state sales or use tax on future purchases of qualifying production-related tangible personal property. All unused MPC expires the last day of the second calendar year following the year in which the original tax-exempt purchase was made. MPC may not be transferred to another party.
See Illinois Administrative Code, Title 86, Sections
130.331 for details on purchases that qualify for MPC.