Illinois General Assembly - Bill Status for HB0095
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 Bill Status of HB0095  102nd General Assembly


Short Description:  COMPANY-SPECIFIC SUBSIDIES

House Sponsors
Rep. Michael Halpin

Last Action
DateChamber Action
  3/27/2021HouseRule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance
New Act


Synopsis As Introduced
Creates the Company-Specific Subsidy 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 to not offer company-specific subsidies for companies currently located in or considering locating in the member state, including, but not limited to, for corporate headquarters, manufacturing facilities, office space, or other real estate developments. Excludes existing company-specific subsidies (until terms change, are renewed, or are reenacted) and workforce development grants. Creates the Interstate Company-Specific Subsidy Board upon the second member state entering into the compact. Provides for withdrawal of a member state with 6 months' written notice. Defines terms.

Actions 
DateChamber Action
  1/13/2021HouseFiled with the Clerk by Rep. Michael Halpin
  1/14/2021HouseFirst Reading
  1/14/2021HouseReferred to Rules Committee
  2/23/2021HouseAssigned to Revenue & Finance Committee
  3/4/2021HouseTo Income Tax Subcommittee
  3/27/2021HouseRule 19(a) / Re-referred to Rules Committee

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