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Code · Illinois · Chapter 30 — FINANCE · Act 751

Sec. 45. Annual report.

175 words·~1 min read·/il/chapter-30/act-751/45

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Sec. 45. Annual report. On or before July 1 of each year, the Department shall submit to the General Assembly and the Governor a report on the program established under this Act. The report shall include information on the number of agreements that were entered into under this Act during the preceding calendar year, a description of the project that is the subject of each agreement, an update on the status of projects under agreements entered into before the preceding calendar year, and the amount of funds awarded under this Act.
The report must include, for each agreement:
(1)the number of new jobs to be created and, if applicable, the number of retained jobs;
(2)any relevant modifications to existing agreements;
(3)a statement of the progress made by each applicant in meeting the terms of the
original agreement;
(4)a statement of wages paid to full-time employees and, if applicable, retained
employees in the State; and
(5)a copy of the original agreement or a link to the agreement on the Department's
website.
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