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IL SB3544
Bill
Status
Introduced
2/5/2026
Primary Sponsor
Chapin Rose
Click for details
AI Summary
- Creates a Job Creation Zone Pilot Program covering eastern Illinois, bounded by US-51, State Route 9, Interstate 64, and the Indiana state line, plus territory within 15 miles of those borders
- Employers who pledge to hire at least 5 new full-time employees at a location within the zone may apply to the Department of Commerce and Economic Opportunity for withholding tax credits
- Tax credits equal 50% of incremental income tax withheld for new employees during the hire year and first 2 years, then 25% during years 3 and 4 after hiring
- New employees must earn at least 125% of state minimum wage and be eligible for employer-sponsored health insurance and retirement benefits
- Eligible employment fields include manufacturing, technology, research, science, mathematics, engineering, construction, energy, bioprocessing, and agriculture, with credits available for withholding periods beginning January 1, 2026
Legislative Description
JOB CREATION PILOT PROGRAM ACT
Last Action
Referred to Assignments
2/5/2026
Committee Referrals
Assignments2/5/2026
Full Bill Text
No bill text available