TITLE 14: COMMERCE
SUBTITLE C: ECONOMIC DEVELOPMENT CHAPTER I: DEPARTMENT OF COMMERCE AND ECONOMIC OPPORTUNITY PART 520 ENTERPRISE ZONE AND HIGH IMPACT BUSINESS PROGRAMS SECTION 520.1810 ELIGIBILITY CRITERIA
Section 520.1810 Eligibility Criteria
The business enterprise must provide a written description of a spending plan and financial commitments for the proposed eligible investment that will demonstrate to the Department that the minimum eligible investment will be placed in service and the required number of jobs will be created within three years following the date of certification. This information must include a detailed "project by project" description, as well as the estimated eligible investment for each specific project that obligates the business enterprise to place in service the minimum eligible investment and create the required number of jobs.
(Source: Added at 40 Ill. Reg. 10858, effective July 29, 2016) |