104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026 SB1838 Introduced 2/5/2025, by Sen. Chapin Rose SYNOPSIS AS INTRODUCED: 20 ILCS 715/15 Amends the Corporate Accountability for Tax Expenditures Act. Provides that if an applicant is seeking development assistance for a project that is a new office construction or office relocation that retains at least 100 jobs in the county in which the project is located or is being relocated to and the county has more than 25,000 residents but less than 50,000 residents, the applicant shall be eligible for development assistance under the Department of Transportation's Economic Development Program. LRB104 09230 HLH 19287 b A BILL FOR 104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026 SB1838 Introduced 2/5/2025, by Sen. Chapin Rose SYNOPSIS AS INTRODUCED: 20 ILCS 715/15 20 ILCS 715/15 Amends the Corporate Accountability for Tax Expenditures Act. Provides that if an applicant is seeking development assistance for a project that is a new office construction or office relocation that retains at least 100 jobs in the county in which the project is located or is being relocated to and the county has more than 25,000 residents but less than 50,000 residents, the applicant shall be eligible for development assistance under the Department of Transportation's Economic Development Program. LRB104 09230 HLH 19287 b LRB104 09230 HLH 19287 b A BILL FOR
104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026 SB1838 Introduced 2/5/2025, by Sen. Chapin Rose SYNOPSIS AS INTRODUCED:
20 ILCS 715/15 20 ILCS 715/15
20 ILCS 715/15
Amends the Corporate Accountability for Tax Expenditures Act. Provides that if an applicant is seeking development assistance for a project that is a new office construction or office relocation that retains at least 100 jobs in the county in which the project is located or is being relocated to and the county has more than 25,000 residents but less than 50,000 residents, the applicant shall be eligible for development assistance under the Department of Transportation's Economic Development Program.
LRB104 09230 HLH 19287 b LRB104 09230 HLH 19287 b
LRB104 09230 HLH 19287 b
A BILL FOR
SB1838LRB104 09230 HLH 19287 b SB1838 LRB104 09230 HLH 19287 b
SB1838 LRB104 09230 HLH 19287 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 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
104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026 SB1838 Introduced 2/5/2025, by Sen. Chapin Rose SYNOPSIS AS INTRODUCED:
20 ILCS 715/15 20 ILCS 715/15
20 ILCS 715/15
Amends the Corporate Accountability for Tax Expenditures Act. Provides that if an applicant is seeking development assistance for a project that is a new office construction or office relocation that retains at least 100 jobs in the county in which the project is located or is being relocated to and the county has more than 25,000 residents but less than 50,000 residents, the applicant shall be eligible for development assistance under the Department of Transportation's Economic Development Program.
LRB104 09230 HLH 19287 b LRB104 09230 HLH 19287 b
LRB104 09230 HLH 19287 b
A BILL FOR
20 ILCS 715/15
LRB104 09230 HLH 19287 b
SB1838 LRB104 09230 HLH 19287 b
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SB1838 - 2 - LRB104 09230 HLH 19287 b
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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