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TITLE 14: COMMERCE
SUBTITLE C: ECONOMIC DEVELOPMENT CHAPTER I: DEPARTMENT OF COMMERCE AND ECONOMIC OPPORTUNITY PART 125 INVEST IN ILLINOIS INCENTIVE PROGRAM SECTION 125.50 APPLICATION REVIEW
Section 125.50 Application Review
The Department shall determine which projects will benefit the State and are eligible to receive an award. In making this determination, the Department will consider:
a) the number of jobs to be created by the project;
b) the number of jobs to be retained by the project;
c) the average salary of jobs created by the project;
d) the average salary of jobs retained by the project;
e) the total capital investment to be made by the applicant;
f) the likelihood of other businesses locating within the same vicinity or within the State as a result of the business activity to be conducted by the applicant receiving the economic incentive;
g) the impact on the economy of the area or community where the project is located; and
h) any other factors the Department determines to be relevant to the goals established in the purpose statement of the Act. [30 ILCS 751/25] |