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Code · Illinois · Chapter 30 — FINANCE · Act 751

Sec. 25. Review of application.

153 words·~1 min read·/il/chapter-30/act-751/25

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Sec. 25. Review of application. The Department shall determine which projects will benefit the State and are eligible to receive an economic incentive under this Act. In making this determination, the Department may consider:
(1)the number of jobs to be created by the applicant;
(2)the number of jobs to be retained by the applicant;
(3)the average salary of jobs created by the applicant;
(4)the average salary of jobs retained by the applicant;
(5)the total capital investment to be made by the applicant;
(6)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;
(7)the impact on the economy of the area or community where the project is located; and
(8)any other factors the Department determines to be relevant to accomplish the
purposes of this Act.
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