Illinois General Assembly - Bill Status for HB4571
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 Bill Status of HB4571  103rd General Assembly

Short Description:  SMALL BUSINESS INCENTIVES

House Sponsors
Rep. Kimberly Du Buclet, Carol Ammons, Michelle Mussman, Nabeela Syed, Justin Slaughter and Cyril Nichols

Last Action
DateChamber Action
  4/5/2024HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
New Act


Synopsis As Introduced
Creates the Small Business Economic Incentive Act. Provides that at least 50% of the dollar value of all economic incentives awarded to businesses by the State or by any State agency on or after January 1, 2025 shall be awarded to businesses with 50 or fewer full-time employees. Effective January 1, 2025.

Actions 
DateChamber Action
  1/24/2024HouseFiled with the Clerk by Rep. Kimberly Du Buclet
  1/31/2024HouseFirst Reading
  1/31/2024HouseReferred to Rules Committee
  3/7/2024HouseAdded Co-Sponsor Rep. Carol Ammons
  3/12/2024HouseAssigned to Executive Committee
  3/18/2024HouseAdded Co-Sponsor Rep. Michelle Mussman
  4/1/2024HouseAdded Co-Sponsor Rep. Nabeela Syed
  4/5/2024HouseRule 19(a) / Re-referred to Rules Committee
  4/12/2024HouseAdded Co-Sponsor Rep. Justin Slaughter
  4/12/2024HouseAdded Co-Sponsor Rep. Cyril Nichols

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