IL SB0203 | 2019-2020 | 101st General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 2-0)
Status: Failed on January 13 2021 - 100% progression
Action: 2021-01-13 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Creates the Company-Specific Subsidy Interstate Compact. Enters into the compact, which may be entered into by any state and the District of Columbia, in which each member state agrees to not offer company-specific subsidies for companies currently located in or considering locating in the member state, including, but not limited to, for corporate headquarters, manufacturing facilities, office space, or other real estate developments. Excludes existing company-specific subsidies (until terms change, are renewed, or are reenacted) and workforce from abolition under the compact. Creates the Interstate Company-Specific Subsidy Board upon the second member state entering into the compact. Provides for withdrawal of a member state with 6-months' written notice. Defines terms.

Tracking Information

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Title

COMPANY-SPECIFIC SUBSIDIES

Sponsors


History

DateChamberAction
2021-01-13SenateSession Sine Die
2020-12-01SenateChief Sponsor Changed to Sen. Don Harmon
2019-11-04SenateChief Sponsor Changed to Sen. Iris Y. Martinez
2019-11-04SenateChief Sponsor Changed to Sen. John J. Cullerton
2019-03-22SenateRule 3-9(a) / Re-referred to Assignments
2019-03-06SenatePostponed - Revenue
2019-02-21SenatePostponed - Revenue
2019-02-20SenateAdded as Co-Sponsor Sen. Steven M. Landek
2019-02-06SenateAssigned to Revenue
2019-01-31SenateReferred to Assignments
2019-01-31SenateFirst Reading
2019-01-31SenateFiled with Secretary by Sen. Toi W. Hutchinson

Illinois State Sources


Bill Comments

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