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1 | AN ACT concerning State government. | |||||||||||||||||||
2 | Be it enacted by the People of the State of Illinois, | |||||||||||||||||||
3 | represented in the General Assembly: | |||||||||||||||||||
4 | Section 5. The Corporate Accountability for Tax | |||||||||||||||||||
5 | Expenditures Act is amended by changing Section 15 as follows: | |||||||||||||||||||
6 | (20 ILCS 715/15) | |||||||||||||||||||
7 | Sec. 15. Standardized applications for State development | |||||||||||||||||||
8 | assistance. | |||||||||||||||||||
9 | (a) All final applications submitted to the Department or | |||||||||||||||||||
10 | any other State granting body requesting development | |||||||||||||||||||
11 | assistance shall contain, at a minimum: | |||||||||||||||||||
12 | (1) An application tracking number that is specific to | |||||||||||||||||||
13 | both the State granting agency and to each application. | |||||||||||||||||||
14 | (2) The office mailing addresses, office telephone | |||||||||||||||||||
15 | number, and chief officer of the granting body. | |||||||||||||||||||
16 | (3) The office mailing address, telephone number, | |||||||||||||||||||
17 | 4-digit SIC number or successor number, and the name of | |||||||||||||||||||
18 | the chief officer of the applicant or authorized designee | |||||||||||||||||||
19 | for the specific project site for which development | |||||||||||||||||||
20 | assistance is requested. | |||||||||||||||||||
21 | (4) The applicant's total number of employees at the | |||||||||||||||||||
22 | specific project site on the date that the application is | |||||||||||||||||||
23 | submitted to the State granting body, including the number |
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1 | of full-time, permanent jobs, the number of part-time | ||||||
2 | jobs, and the number of temporary jobs. | ||||||
3 | (5) The type of development assistance and value of | ||||||
4 | assistance being requested. | ||||||
5 | (6) The number of jobs to be created and retained or | ||||||
6 | both created and retained by the applicant as a result of | ||||||
7 | the development assistance, including the number of | ||||||
8 | full-time, permanent jobs, the number of part-time jobs, | ||||||
9 | and the number of temporary jobs. | ||||||
10 | (7) A detailed list of the occupation or job | ||||||
11 | classifications and number of new employees or retained | ||||||
12 | employees to be hired in full-time, permanent jobs, a | ||||||
13 | schedule of anticipated starting dates of the new hires | ||||||
14 | and the anticipated average wage by occupation or job | ||||||
15 | classification and total payroll to be created as a result | ||||||
16 | of the development assistance. | ||||||
17 | (8) A list of all other forms of development | ||||||
18 | assistance that the applicant is requesting for the | ||||||
19 | specific project site and the name of each State granting | ||||||
20 | body from which that development assistance is being | ||||||
21 | requested. | ||||||
22 | (9) A narrative, if necessary, describing why the | ||||||
23 | development assistance is needed and how the applicant's | ||||||
24 | use of the development assistance may reduce employment at | ||||||
25 | any site in Illinois. | ||||||
26 | (10) A certification by the chief officer of the |
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1 | applicant or his or her authorized designee that the | ||||||
2 | information contained in the application submitted to the | ||||||
3 | granting body contains no knowing misrepresentation of | ||||||
4 | material facts upon which eligibility for development | ||||||
5 | assistance is based. | ||||||
6 | (b) Every State granting body either shall complete, or | ||||||
7 | shall require the applicant to complete, an application form | ||||||
8 | that meets the minimum requirements as prescribed in this | ||||||
9 | Section each time an applicant applies for development | ||||||
10 | assistance covered by this Act. | ||||||
11 | (c) The Department shall have the discretion to modify any | ||||||
12 | standardized application for State development assistance | ||||||
13 | required under subsection (a) for any grants under the | ||||||
14 | Industrial Training Program that are not given as an incentive | ||||||
15 | to a recipient business organization. | ||||||
16 | (d) If the applicant is seeking development assistance for | ||||||
17 | a project that is a new office construction or office | ||||||
18 | relocation that retains at least 100 jobs in the county in | ||||||
19 | which the project is located or is being relocated to and the | ||||||
20 | county has more than 25,000 residents but less than 50,000 | ||||||
21 | residents, the applicant shall be eligible for development | ||||||
22 | assistance under the Department of Transportation's Economic | ||||||
23 | Development Program. | ||||||
24 | (Source: P.A. 93-552, eff. 8-20-03.) |