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SENATE JOINT RESOLUTION

 
2    WHEREAS, The State of Illinois economy is recovering and
3our State continues to search for innovative methods of
4balancing our budget, spurring our economy, and growing our
5State's workforce and business opportunities and these goals
6are not mutually exclusive; and
 
7    WHEREAS, Illinois offers multiple economic incentive
8programs, grants, and tax incentives created by statute and in
9part administered by the Department of Commerce and Economic
10Opportunity and the Department of Revenue; and
 
11    WHEREAS, An analysis of the effectiveness and fairness and
12uniformity and predictability of each of these programs,
13grants, and incentives is necessary and currently is underway
14by this General Assembly; and
 
15    WHEREAS, The State of Illinois continues to search for
16solutions and incentives to bring new jobs to our State while
17still balancing the need for predictable State revenue, a
18redesigned revenue code, and continued recovery; and
 
19    WHEREAS, The General Assembly should articulate the type of
20new jobs and new industries we want to come to Illinois and
21take action to bring those jobs to our fine State; and
 

 

 

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1    WHEREAS, We should encourage jobs that will lift our
2citizens' standard of living; jobs consistent with our role as
3stewards of our environment; jobs that boost our citizens
4wages; jobs that keep our best and brightest home in Illinois
5after earning their degrees; and attract jobs in industries
6that are rapidly growing and are the industries of the future;
7jobs that significantly expand our tax base and not reduce
8revenue; and
 
9    WHEREAS, The General Assembly should put parameters and
10guidelines on these goals for future incentive programs;
11therefore, be it
 
12    RESOLVED, BY THE SENATE OF THE NINETY-SEVENTH GENERAL
13ASSEMBLY OF THE STATE OF ILLINOIS, THE HOUSE OF REPRESENTATIVES
14CONCURRING HEREIN, that we must continue to remain a
15competitive workforce and an ideal State to bring new industry
16and new jobs in this recovering economy; and be it further
 
17    RESOLVED, That we should design and create incentive
18programs that attract growth industries which include the
19industries and jobs of the future whether they be
20technology-based or otherwise but that they expand at least
21twice the rate of the State's Gross domestic product; and be it
22further
 

 

 

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1    RESOLVED, That we create incentive programs that attract
2jobs smart for Illinois, including jobs that spur growth in
3multiple industries; that the new jobs take advantage of our
4graduates from Illinois institutions of higher education and
5keep them in Illinois; that the jobs are truly portable in that
6the jobs could have been established in other states or other
7countries but for the incentive program; and be it further
 
8    RESOLVED, That the jobs provide good wages and benefits for
9Illinoisans in that they pay over 250% of the federal poverty
10level, provide a safe work environment, and are not temporary
11in that their average duration exceeds one year of employment;
12and be it further
 
13    RESOLVED, That the jobs enhance our citizens standard of
14living and due to the level of pay and length of employment in
15comparison to the incentive provided will serve to expand our
16revenue base rather than contract our revenue base; and be it
17further
 
18    RESOLVED, That the design of our statutory incentive
19programs should generate at least 2 dollars of investment in
20our State for every dollar of incentive provided, be
21administered by the Department of Commerce and Economic
22Opportunity based on recognized standards and benchmarks, and

 

 

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1account for enhanced incentives for jobs or spending in
2economically depressed areas of our State.