14 Ill. Adm. Code 125.50

Application Review

Year: 2026Length: 160 wordsOfficial source
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]
14 Ill. Adm. Code 125.50: Application Review | Justis AI