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Bill

Bill

SB 2025

PREVAILING WAGE-TAX CREDITS

104th Regular Session Introduced by Celina Villanueva

Illinois bill linking prevailing wage compliance to tax credit eligibility, affecting public works project costs and business incentives during legislative review phase.

Referred to Assignments
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Bill Summary · SB 2025

Legislative bill overview

SB 2025 appears to link prevailing wage requirements with tax credit eligibility, though specific provisions aren't detailed in the available information. The bill was recently introduced in the Illinois Senate and is currently in the assignment committee phase. Without access to the full bill text, the exact mechanism connecting these two labor and fiscal policy areas remains unclear.

Why is this important

Prevailing wage laws significantly impact construction and public works project costs, while tax credits affect business incentives and state revenue. Any legislation combining these mechanisms could substantially influence how Illinois structures incentives for contractors and affect the cost of public projects and economic development initiatives.

Potential points of contention

  • Cost implications: Prevailing wage requirements increase labor costs on projects; tying tax credits to compliance could either incentivize compliance or be viewed as offsetting wage increases with public subsidies
  • Economic development: Businesses may argue that wage mandates tied to tax eligibility reduce competitiveness, while labor advocates may see it as protecting worker standards
  • Implementation complexity: Determining eligibility, tracking compliance, and administering credits across multiple projects creates administrative burden and potential oversight challenges

Compiled from official sources — confirm details with the bill’s official record.

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