Bill Text: IL HB3491 | 2019-2020 | 101st General Assembly | Introduced


Bill Title: Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Provides that each corporation receiving incentives from the Department of Commerce and Economic Opportunity shall file a disclosure report with the Department of Commerce and Economic Opportunity no later than February 1 of each year. Sets forth penalties for failure to submit the report. Provides that the Department of Commerce and Economic Opportunity shall publish prominently on its website a compilation of the reports both in a searchable database and as a spreadsheet that can be downloaded in its entirety. Effective immediately.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2020-06-23 - Rule 19(b) / Re-referred to Rules Committee [HB3491 Detail]

Download: Illinois-2019-HB3491-Introduced.html


101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020
HB3491

Introduced , by Rep. Aaron M. Ortiz

SYNOPSIS AS INTRODUCED:
20 ILCS 605/605-1025 new

Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Provides that each corporation receiving incentives from the Department of Commerce and Economic Opportunity shall file a disclosure report with the Department of Commerce and Economic Opportunity no later than February 1 of each year. Sets forth penalties for failure to submit the report. Provides that the Department of Commerce and Economic Opportunity shall publish prominently on its website a compilation of the reports both in a searchable database and as a spreadsheet that can be downloaded in its entirety. Effective immediately.
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FISCAL NOTE ACT MAY APPLY

A BILL FOR

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1 AN ACT concerning State government.
2 Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
4 Section 5. The Department of Commerce and Economic
5Opportunity Law of the Civil Administrative Code of Illinois is
6amended by adding Section 605-1025 as follows:
7 (20 ILCS 605/605-1025 new)
8 Sec. 605-1025. Annual corporate reports.
9 (a) Beginning on February 1, 2020, each corporation
10receiving incentives from the Department shall file a
11disclosure report with the Department no later than February 1
12of each year. The shall be filed in the form and manner
13required by the Department and include the following
14information:
15 (1) the name, street, and mailing addresses, phone
16 number, and chief operating officer of the recipient
17 corporation, along with its NAICS industry code and its
18 DUNS number, if available;
19 (2) the project street address where the subsidized
20 activity takes place if that address is different from the
21 address in paragraph (1);
22 (3) a summary of the number of jobs required by the
23 terms of the subsidy deal and the actual jobs created or

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1 lost as of December 31 of the previous year; the summary
2 shall be broken down by full-time, part-time, and temporary
3 positions, and by wage groups;
4 (4) whether health insurance coverage is provided to
5 the employees at the project site, and, if so, the share of
6 the policy premiums paid by the company;
7 (5) the total employment in the State of the
8 recipient's corporate parent on the 2 previous dates of
9 December 31, broken down by full-time, part-time and
10 temporary positions;
11 (6) a summary of the capital investment required by the
12 terms of the subsidy deal and the actual capital investment
13 made as of December 31 of the previous year;
14 (7) a statement as to whether the subsidized project
15 has, during the previous calendar year, resulted in reduced
16 employment at any other site controlled by the recipient
17 corporation or its corporate parent, inside or outside the
18 State, as a result of automation, merger, acquisition,
19 corporate restructuring, relocation, or other business
20 activity;
21 (8) a statement summarizing any instance, during the
22 previous calendar year, in which the recipient company, or
23 a parent or subsidiary entity, was determined by a
24 government agency to have violated any federal, State or
25 local law or regulation relating to environmental
26 protection, taxation, labor standards, or employment

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1 discrimination; or was notified that an investigation of a
2 possible violation had been initiated; and
3 (9) a signed certification by the chief officer of the
4 recipient corporation as to the accuracy of the progress
5 report.
6 Recipient companies shall file such annual performance
7reports for the duration of the subsidy, or not less than every
85 years, whichever period is greater.
9 (b) The Department shall have access at all reasonable
10times to the project site and the records of the recipient
11corporation in order to monitor the project and verify the
12reports in subsection (a). A recipient corporation that fails
13to provide the Department with a completed report on time shall
14be subject to a fine of not less than $500 per day to commence
1510 working days after the February 1 deadline and not less than
16$1,000 per day to commence 20 days after the deadline. A
17recipient corporation that fails to provide the Department
18access to the project site at a reasonable time shall be
19subject to a fine of $1,000 per day starting with the day
20access is first not provided.
21 (c) The Department shall publish prominently on its website
22a compilation of the reports submitted under subsection (a) no
23later than April 1 of each year. The report shall contain all
24of the data from the reports both in a searchable database and
25as a spreadsheet that can be downloaded in its entirety. When a
26new report is posted, earlier versions of the data shall remain

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1available on the website. The report shall also contain the
2Department's determination of whether the company has yet met
3its obligations for job creation, wages, and benefits as
4required by the subsidy. If the Department has previously
5determined that a company has achieved its obligations, the
6report shall contain the Department's determination of whether
7the company has maintained its achieved obligations. Along with
8the report, the Department should also post PDF copies of key
9documents relating to the subsidy award. If the Department
10determines that the company has failed to achieve its
11obligations for job creation, wages, and benefits, as required
12by the subsidy, in the required period of time, or if the
13Department determines that the company has failed to maintain
14its achieved obligations, the report shall also state what
15penalty or penalties the Department has imposed upon the
16company. The report shall also include the Department's
17verification that the company's corporate parent has
18maintained at least 90% of its employment in the State since
19December 31 of the year the subsidy was granted. If the
20Department determines that the company's corporate parent has
21failed to maintain such a level of employment, the report shall
22include whatever penalty or penalties the agency has imposed
23upon the company.
24 Section 99. Effective date. This Act takes effect upon
25becoming law.
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