Illinois 2025-2026 Regular Session

Illinois House Bill HB1549 Latest Draft

Bill / Introduced Version Filed 01/21/2025

                            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.
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    LRB104 03455 HLH 13478 b
A BILL FOR
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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 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.
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    LRB104 03455 HLH 13478 b
A BILL FOR

 

 

30 ILCS 751/30
30 ILCS 751/32



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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;

 

 

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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

 

 

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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

 

 

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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.)

 

 

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