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| | 103RD GENERAL ASSEMBLY
State of Illinois
2023 and 2024
HB1255 Introduced 1/31/2023, by Rep. Joe C. Sosnowski SYNOPSIS AS INTRODUCED:
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Creates the Local Government Business Anti-Poaching Act. Provides that no municipality or county shall offer after the effective date of the Act any incentive to a business or corporation to move its headquarters located in Illinois, or any part of its business located in Illinois, away from the current location. Defines "incentive". Limits home rule powers. Effective immediately.
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| | A BILL FOR |
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| | HB1255 | | LRB103 05811 AWJ 50831 b |
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| 1 | | AN ACT concerning local government.
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| 2 | | Be it enacted by the People of the State of Illinois,
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| 3 | | represented in the General Assembly:
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| 4 | | Section 1. Short title. This Act may be cited as the Local |
| 5 | | Government Business Anti-Poaching Act.
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| 6 | | Section 5. Definition. As used in this Act, "incentive" |
| 7 | | means any economic benefit, financial benefit, or other |
| 8 | | benefit, such as those authorized under the Economic |
| 9 | | Development for a Growing Economy Tax Credit Act, the Property |
| 10 | | Tax Code, the Counties Code, the Illinois Municipal Code |
| 11 | | (including the Tax Increment Allocation Redevelopment Act), or |
| 12 | | any other provision of law authorizing abatements, credits, or |
| 13 | | tax or fee reductions.
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| 14 | | Section 10. Illinois business poaching prohibited. |
| 15 | | Notwithstanding any other provision of law, no municipality or |
| 16 | | county shall offer after the effective date of this Act any |
| 17 | | incentive to a business or corporation to move its |
| 18 | | headquarters located in Illinois, or any part of its business |
| 19 | | located in Illinois, away from the current location.
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| 20 | | Section 15. Home rule. The regulation of offering any |
| 21 | | incentive to a business or corporation to move its |