HB3864 Summary

• Amends the Illinois Enterprise Zone Act to require businesses intending to establish new wind power facilities and designated as high impact businesses on or after the effective date to enter into construction project labor agreements establishing wages, benefits, and other compensation for workers.

• Adds wind power facilities as a qualifying category under the high impact business designation, defined as newly constructed electric generation facilities using wind energy devices with nameplate capacity of at least 0.5 megawatts, placed in service on or after July 1, 2009.

• Limits penalties for wind energy businesses and new wind power facilities to only those specified in the Illinois Prevailing Wage Act for prevailing wage violations, preventing revocation of high impact business designation for wage-related non-compliance.

• Establishes a High Impact Business construction jobs tax credit beginning January 1, 2021, allowing businesses to receive up to 50% (or 75% in underserved areas) of incremental income tax from construction workers, with total annual credits capped at $20,000,000.

• Requires contractors and subcontractors on high impact business projects to maintain certified payroll records for 5 years and file monthly certified payrolls with the Department of Labor and Department of Commerce and Economic Opportunity.