104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 HB1549 Introduced , by Rep. Tony M. McCombie SYNOPSIS AS INTRODUCED: 30 ILCS 751/3030 ILCS 751/32 Amends the Invest in Illinois Act. Provides that certain notices under the Act shall also be sent to the Minority Leader of the Senate and the Minority Leader of the House of Representatives. Provides that the Minority Leader of the Senate and the Minority Leader of the House of Representatives may also object to agreements under the Act. Effective immediately. LRB104 03455 HLH 13478 b A BILL FOR 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 HB1549 Introduced , by Rep. Tony M. McCombie SYNOPSIS AS INTRODUCED: 30 ILCS 751/3030 ILCS 751/32 30 ILCS 751/30 30 ILCS 751/32 Amends the Invest in Illinois Act. Provides that certain notices under the Act shall also be sent to the Minority Leader of the Senate and the Minority Leader of the House of Representatives. Provides that the Minority Leader of the Senate and the Minority Leader of the House of Representatives may also object to agreements under the Act. Effective immediately. LRB104 03455 HLH 13478 b LRB104 03455 HLH 13478 b A BILL FOR 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 HB1549 Introduced , by Rep. Tony M. McCombie SYNOPSIS AS INTRODUCED: 30 ILCS 751/3030 ILCS 751/32 30 ILCS 751/30 30 ILCS 751/32 30 ILCS 751/30 30 ILCS 751/32 Amends the Invest in Illinois Act. Provides that certain notices under the Act shall also be sent to the Minority Leader of the Senate and the Minority Leader of the House of Representatives. Provides that the Minority Leader of the Senate and the Minority Leader of the House of Representatives may also object to agreements under the Act. Effective immediately. LRB104 03455 HLH 13478 b LRB104 03455 HLH 13478 b LRB104 03455 HLH 13478 b A BILL FOR HB1549LRB104 03455 HLH 13478 b HB1549 LRB104 03455 HLH 13478 b HB1549 LRB104 03455 HLH 13478 b 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 Invest in Illinois Act is amended by 5 changing Sections 30 and 32 as follows: 6 (30 ILCS 751/30) 7 Sec. 30. Agreement. 8 (a) Upon approval of an application under this Act, the 9 Department shall enter into an agreement with the applicant 10 that shall include, at a minimum, the following: 11 (1) a detailed description of the project that is the 12 subject of the agreement, as well as the performance 13 conditions, including the required amount of capital 14 investment and the number of jobs required to be created 15 or retained; 16 (2) the performance conditions that must be met to 17 obtain the award, including, but not limited to, the 18 number of new jobs created, the average salary, and the 19 total capital investment; 20 (3) the schedule of payments; 21 (4) a requirement that the applicant maintain 22 operations at the project location for a minimum number of 23 years; 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 HB1549 Introduced , by Rep. Tony M. McCombie SYNOPSIS AS INTRODUCED: 30 ILCS 751/3030 ILCS 751/32 30 ILCS 751/30 30 ILCS 751/32 30 ILCS 751/30 30 ILCS 751/32 Amends the Invest in Illinois Act. Provides that certain notices under the Act shall also be sent to the Minority Leader of the Senate and the Minority Leader of the House of Representatives. Provides that the Minority Leader of the Senate and the Minority Leader of the House of Representatives may also object to agreements under the Act. Effective immediately. LRB104 03455 HLH 13478 b LRB104 03455 HLH 13478 b LRB104 03455 HLH 13478 b A BILL FOR 30 ILCS 751/30 30 ILCS 751/32 LRB104 03455 HLH 13478 b HB1549 LRB104 03455 HLH 13478 b HB1549- 2 -LRB104 03455 HLH 13478 b HB1549 - 2 - LRB104 03455 HLH 13478 b HB1549 - 2 - LRB104 03455 HLH 13478 b 1 (5) a specific method for determining the number of 2 new employees and, if applicable, the number of retained 3 employees, to be employed during each taxable year covered 4 by the agreement; 5 (6) a requirement that the taxpayer annually report to 6 the Department the number of new employees and any other 7 information the Department deems necessary and appropriate 8 to perform its duties under this Act; 9 (7) a detailed description of the number of new 10 employees to be hired and the occupation and payroll of 11 full-time jobs to be created or retained because of the 12 project; 13 (8) the minimum capital investment the taxpayer will 14 make, the time period for placing the property in service, 15 and the designated location in Illinois for the capital 16 investment; 17 (9) a requirement that the taxpayer provide written 18 notice to the Director and the Director's designee not 19 more than 30 days after the taxpayer determines that the 20 minimum job creation, job retention, employment payroll, 21 or capital investment is no longer or will no longer be 22 achieved or maintained as required in the agreement and 23 include in that notice the number of layoffs, the date of 24 the layoffs, and the taxpayer's efforts to provide career 25 and training counseling to the impacted workers with 26 industry-related certifications and trainings; HB1549 - 2 - LRB104 03455 HLH 13478 b HB1549- 3 -LRB104 03455 HLH 13478 b HB1549 - 3 - LRB104 03455 HLH 13478 b HB1549 - 3 - LRB104 03455 HLH 13478 b 1 (10) a claw-back provision to recapture incentive 2 amounts for failure to meet the provisions contained in 3 the agreement; and 4 (11) a provision that the agreement shall not take 5 effect, nor may any funds be expended or transferred under 6 the agreement, if the Department fails to comply with the 7 notification requirements under Section 32 or if the 8 Speaker of the House of Representatives, or the Senate 9 President, the Minority Leader of the Senate, or the 10 Minority Leader of the House of Representatives (or their 11 designees, if applicable) submit a letter of rejection 12 under Section 32. 13 (b) Subject to the provisions of Section 32, the 14 Department may issue the incentive to the applicant within the 15 time period the Department deems appropriate in order to 16 ensure that the applicant achieves the performance conditions 17 set forth in the agreement. 18 (Source: P.A. 102-1125, eff. 2-3-23.) 19 (30 ILCS 751/32) 20 Sec. 32. General Assembly notification. The Department 21 shall notify the President of the Senate, or his or her 22 designee, and the Speaker of the House of Representatives, or 23 his or her designee, the Minority Leader of the Senate, or his 24 or her designee, and the Minority Leader of the House of 25 Representatives, or his or her designee, when awards for the HB1549 - 3 - LRB104 03455 HLH 13478 b HB1549- 4 -LRB104 03455 HLH 13478 b HB1549 - 4 - LRB104 03455 HLH 13478 b HB1549 - 4 - LRB104 03455 HLH 13478 b 1 purposes of this Act are nearing final negotiation with an 2 applicant. The notification shall include the prospective 3 amount of the award and other relevant information related to 4 the application. The President of the Senate, and the Speaker 5 of the House, the Minority Leader of the Senate, and the 6 Minority of Leader of the House, or their designees, if 7 applicable, shall certify that they have been notified of the 8 planned awards and that they do not object. If there is no 9 objection certified from the President of the Senate, and the 10 Speaker of the House, the Minority Leader of the Senate, or the 11 Minority Leader of the House, the Department may enter into an 12 agreement under this Act for the award amount contained in the 13 notification. If the Department enters into an agreement under 14 this Act for an award in an amount that is different than the 15 amount contained in the notification, it shall deliver a copy 16 of the agreement to both the Speaker of the House of 17 Representatives, or his or her designee, and the Senate 18 President, or his or her designee, the Minority Leader of the 19 Senate, or his or her designee, and the Minority Leader of the 20 House of Representatives, or his or her designee, within 2 21 days after the agreement is executed. Notwithstanding any 22 other provision of this Act, an agreement entered into under 23 this Act shall not take effect, nor may any funds be expended 24 or transferred under that agreement, if the Speaker of the 25 House of Representatives, and the Senate President, the 26 Minority Leader of the Senate, or the Minority Leader of the HB1549 - 4 - LRB104 03455 HLH 13478 b HB1549- 5 -LRB104 03455 HLH 13478 b HB1549 - 5 - LRB104 03455 HLH 13478 b HB1549 - 5 - LRB104 03455 HLH 13478 b 1 House of Representatives, or their designees, if applicable, 2 submit a letter to the Department noting an objection to the 3 agreement in writing within 2 days after the notification is 4 delivered to the Speaker of the House of Representatives, and 5 the Senate President, the Minority Leader of the Senate, and 6 the Minority Leader of the House of Representatives, or their 7 designees, if applicable. 8 (Source: P.A. 102-1125, eff. 2-3-23.) HB1549 - 5 - LRB104 03455 HLH 13478 b