SB1838 - 104th General Assembly

IDOT ECON DEVELOP PROGRAM
Last Action

2/06/2025 - Senate: Referred to Assignments
Senate Sponsors

Sen. Chapin Rose
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Corporate Accountability for Tax Expenditures Act. Provides that if an applicant is seeking development assistance for a project that is a new office construction or office relocation that retains at least 100 jobs in the county in which the project is located or is being relocated to and the county has more than 25,000 residents but less than 50,000 residents, the applicant shall be eligible for development assistance under the Department of Transportation's Economic Development Program.
Actions

Date Chamber Action
2/06/2025 Senate Filed with Secretary by Sen. Chapin Rose
2/06/2025 Senate First Reading
2/06/2025 Senate Referred to Assignments