96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010
HB4254


 
Introduced 2/27/2009, by Rep. Emily McAsey
 
SYNOPSIS AS INTRODUCED:
 		













20 ILCS 605/605-440 new










    Amends the Department of Commerce and Economic Opportunity Law of the
Civil Administrative Code of Illinois. Provides that neither the Department of Commerce and Economic Opportunity nor the Department of Revenue shall award any discretionary tax or other incentive to any entity whose primary business is the production of oil or gas.
















LRB096 10068 RCE 20233 b

















FISCAL NOTE ACT MAY APPLY
















 


 


A BILL FOR









 











HB4254

LRB096 10068 RCE 20233 b






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    AN ACT concerning State government.

 
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    Be it enacted by the People of the State of Illinois,
 
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represented in the General Assembly:


 
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    Section 5. The Department of Commerce and Economic 
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Opportunity Law of the
Civil Administrative Code of Illinois is 
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amended  by adding Section 605-440 as follows:
 
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    (20 ILCS 605/605-440  new)
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    Sec. 605-440. Oil or gas business; no incentives. 
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Notwithstanding any other law to the contrary, neither the 
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Department of Commerce and Economic Opportunity nor the 
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Department of Revenue shall award any discretionary tax or 
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other incentive to any entity whose primary business is the 
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production of oil or gas.