Sec. 20. Application.
89 words·~1 min read·
/il/chapter-30/act-751/20A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 20. Application. An applicant seeking an economic incentive under this Act shall submit a detailed application to the Department. The application must, at a minimum, contain the following information:
(1)the location of the project;
(2)the amount of the capital investment the applicant will make in the project;
(3)the number of new jobs that will be created as a result of the project;
(4)the number of jobs retained by an existing applicant; and
(5)the average salary of the jobs to be created or retained.