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1 | | Economic Development for a Growing Economy Tax Credit Act. |
2 | | "Full-time employee" has the meaning provided in Section |
3 | | 5-5 of the Economic Development for a Growing Economy Tax |
4 | | Credit Act. |
5 | | "New employee" has the meaning provided in Section 5-5 of |
6 | | the Economic Development for a Growing Economy Tax Credit Act. |
7 | | "Taxpayer" has the meaning provided in Section 5-5 of the |
8 | | Economic Development for a Growing Economy Tax Credit Act.
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9 | | "Taxpayer" also includes any contractor or subcontractor |
10 | | employed or used by the taxpayer in fulfillment of a project |
11 | | described under Section 5-20 of the Economic Development for a |
12 | | Growing Economy Tax Credit Act. |
13 | | Section 10. Scope. For agreements entered into on or after |
14 | | the effective date of this Act, any taxpayer that receives a |
15 | | credit under the Economic Development for a Growing Economy Tax |
16 | | Credit Act, must, for covered workers, pay a living wage and |
17 | | provide benefits as set forth in this Section: |
18 | | (1) Living wage. For job sites located in a |
19 | | Metropolitan Statistical Area, as defined by the Office of |
20 | | Management and Budget within the Executive Office of the |
21 | | President of the United States, the average hourly wage |
22 | | paid to non-managerial workers at the project site must be |
23 | | no lower than 100% of the State rate for the industry, as |
24 | | most recently established by the United States Bureau of |
25 | | Labor Statistics. For job sites located outside of a |
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1 | | Metropolitan Statistical Area, as defined by the Office of |
2 | | Management and Budget within the Executive Office of the |
3 | | President of the United States, the average weekly wage |
4 | | paid to non-managerial employees must be no lower than 100% |
5 | | of the rate for the industry in the county where the |
6 | | project site is located, as most recently established by |
7 | | the United States Department of Commerce.
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8 | | (2) Benefits. The taxpayer must offer health insurance |
9 | | coverage and at least half of the cost of the insurance |
10 | | premium must be paid by the taxpayer. Nothing in this |
11 | | subsection shall be construed to prevent a taxpayer from |
12 | | paying a greater portion of the insurance premium.
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13 | | (3) Paid time off. Each employee must receive not less |
14 | | than 12 days per year of paid time off. Nothing in this |
15 | | subsection shall be construed to prevent a taxpayer from |
16 | | providing additional paid time off to employees.
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17 | | Section 100. The Economic Development for a Growing Economy |
18 | | Tax Credit Act is amended by changing Section 5-65 as follows:
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19 | | (35 ILCS 10/5-65)
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20 | | Sec. 5-65. Noncompliance; notice; assessment. If the |
21 | | Director determines
that a Taxpayer who
has received a Credit |
22 | | under this Act is not complying with the
requirements of the |
23 | | Agreement , all of the provisions of the Illinois Public |
24 | | Subsidies Living Wage Act, or all of the provisions of
this |
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1 | | Act, the Director shall provide notice to the Taxpayer of the |
2 | | alleged
noncompliance, and allow the
Taxpayer a hearing under |
3 | | the provisions of the Illinois Administrative
Procedure Act. |
4 | | If, after
such notice and any hearing, the Director determines |
5 | | that a
noncompliance exists, the Director shall issue to the |
6 | | Department of Revenue
notice to that effect, stating the |
7 | | Noncompliance Date.
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8 | | (Source: P.A. 91-476, eff. 8-11-99.)".
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