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.
(Source: P.A. 102-1125, eff. 2-3-23.)