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