Illinois General Assembly - Bill Status for HB5191

Synopsis As Introduced
Creates the Protect Illinois Manufacturing and Energy from Foreign Adversaries Act. Provides that a disqualified foreign adversary may not receive certain State incentives. Provides that a disqualified foreign adversary that operates in Illinois is subject to specified taxes and fees. Defines "disqualified foreign adversary" as individuals or entities that are associated with a foreign adversary and that establish, invest in, or operate an advanced manufacturing and energy business. Amends the Illinois Income Tax Act and the Use Tax Act to make conforming changes. Amends the Illinois Administrative Procedure Act to provide for emergency rulemaking. Effective immediately.

Actions

Date	Chamber	Action
2/8/2024	House	Filed with the Clerk by Rep. Brad Halbrook
2/9/2024	House	First Reading
2/9/2024	House	Referred to Rules Committee

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