IL HB3491

Requires corporations receiving incentives from the Department of Commerce and Economic Opportunity to file annual disclosure reports by February 1 each year, beginning February 1, 2020.

Report must include company contact information, project location, job creation summary (broken down by employment type and wage groups), health insurance coverage details, capital investment data, and certification by the chief officer.

Reports must document any employment reductions at other company sites, violations of federal/state/local laws regarding environment, taxation, labor, or discrimination, and whether the corporate parent maintained at least 90% of state employment.

Penalties for late report submission: minimum $500 per day starting 10 working days after deadline and $1,000 per day starting 20 days after deadline; $1,000 per day fine for denying Department access to project sites.

Department must publish all reports by April 1 each year on its website in searchable database and downloadable spreadsheet formats, including determinations of whether companies met job creation, wage, and benefit obligations.