Illinois Senate Bill 2502 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Moderate Partisan Bill (Democrat 8-1)
Status: Failed on January 13 2021 - 100% progression
Action: 2021-01-13 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Creates the Phase Out Corporate Giveaways 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 not to offer or provide any company-specific tax incentive or company-specific grant to any entity for a corporate headquarters, manufacturing facility, office space, or other real estate development located in any other member state as an inducement for the corporate headquarters, manufacturing facility, office space, or other real estate development to relocate to the offering member state. Defines terms. Excludes: (1) workforce development grants that train employees; (2) company-specific tax incentives or company-specific grants from local governments; and (3) specified company-specific tax incentives or company-specific grants related to companies already within the member state. Creates the Phase Out Corporate Giveaways Board and provides for membership and meeting requirements. Provides for withdrawal of a member state with a 6-month written notice to each member state's chief executive officer. Contains construction and severability provisions.

CORPORATE GIVEAWAYS COMPACT

Sen. Ram Villivalam [D]	Sen. Cristina Castro [D]	Sen. Ann Gillespie [D]	Sen. Omar Aquino [D]
Sen. Laura Fine [D]	Sen. Celina Villanueva [D]	Sen. Robert Martwick [D]	Sen. Jim Oberweis [R]
Sen. Laura Murphy [D]

Date	Chamber	Action
2021-01-13	Senate	Session Sine Die
2020-05-15	Senate	Rule 2-10 Committee/3rd Reading Deadline Established As May 31, 2020
2020-05-07	Senate	Rule 2-10 Third Reading/Passage Deadline Established As May 29, 2020
2020-05-07	Senate	Rule 2-10 Committee Deadline Established As May 22, 2020
2020-04-30	Senate	Rule 2-10 Third Reading/Passage Deadline Established As May 22, 2020
2020-04-30	Senate	Rule 2-10 Committee Deadline Established As May 15, 2020
2020-04-23	Senate	Rule 2-10 Third Reading/Passage Deadline Established As May 15, 2020
2020-04-23	Senate	Rule 2-10 Committee Deadline Established As May 7, 2020
2020-04-16	Senate	Rule 2-10 Committee Deadline Established As April 30, 2020
2020-04-12	Senate	Pursuant to Senate Rule 3-9(b) / Referred to Assignments
2020-03-25	Senate	Rule 2-10 Third Reading/Passage Deadline Established As May 7, 2020
2020-03-25	Senate	Rule 2-10 Committee Deadline Established As April 24, 2020
2020-03-18	Senate	Rule 2-10 Committee Deadline Established As April 2, 2020
2020-02-26	Senate	To Subcommittee on Special Issues (RE)
2020-02-21	Senate	Added as Co-Sponsor Sen. Laura M. Murphy
2020-02-07	Senate	Added as Co-Sponsor Sen. Jim Oberweis
2020-02-05	Senate	Added as Co-Sponsor Sen. Robert F. Martwick
2020-02-05	Senate	Added as Co-Sponsor Sen. Celina Villanueva
2020-02-05	Senate	Added as Co-Sponsor Sen. Laura Fine
2020-02-05	Senate	Added as Co-Sponsor Sen. Omar Aquino
2020-02-05	Senate	Added as Co-Sponsor Sen. Ann Gillespie
2020-02-04	Senate	Assigned to Revenue
2020-01-29	Senate	Added as Chief Co-Sponsor Sen. Cristina Castro
2020-01-28	Senate	Referred to Assignments
2020-01-28	Senate	First Reading
2020-01-28	Senate	Filed with Secretary by Sen. Ram Villivalam

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2502&GAID=15&DocTypeID=SB&SessionID=108&GA=101
Text	https://www.ilga.gov/legislation/101/SB/10100SB2502.htm