Full Text of HB1262 97th General Assembly
HB1262eng 97TH GENERAL ASSEMBLY |
| | HB1262 Engrossed | | LRB097 06671 HLH 46757 b |
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| 1 | | AN ACT concerning State government.
| 2 | | Be it enacted by the People of the State of Illinois,
| 3 | | represented in the General Assembly:
| 4 | | Section 5. The Department of Commerce and Economic | 5 | | Opportunity Law of the
Civil Administrative Code of Illinois is | 6 | | amended by adding Section 605-456 as follows: | 7 | | (20 ILCS 605/605-456 new) | 8 | | Sec. 605-456. Survey and report on business incentives. | 9 | | (a) The Department shall contact businesses that are | 10 | | located in the State or have been identified as having left the | 11 | | State in the last 10 years. The Department shall request that | 12 | | the business complete a survey, developed by the Department, | 13 | | that includes information regarding (i) why the business left, | 14 | | if applicable, and the location to which the business relocated | 15 | | and (ii) any incentives that are needed to keep and attract the | 16 | | business. | 17 | | (b) The Department shall compile the results of the surveys | 18 | | and any other relevant information provided to the Department. | 19 | | By each July 1, the Department shall report to the General | 20 | | Assembly upon its compilation of the previous year's survey | 21 | | responses and any of the other relevant information. The report | 22 | | must identify, at a minimum, the most common responses, | 23 | | categorized by industry and region, regarding (i) why |
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| 1 | | businesses left Illinois, (ii) what incentives would have | 2 | | influenced businesses to remain in Illinois, and (iii) to which | 3 | | cities and states the businesses have relocated. | 4 | | (c) For the purposes of this Section, a business is defined | 5 | | as one that is engaged in interstate or intrastate commerce for | 6 | | the purpose of manufacturing, processing, assembling, | 7 | | warehousing, or distributing products, conducting research and | 8 | | development, providing tourism services, or providing services | 9 | | in interstate commerce, office industries, or agricultural | 10 | | processing, but excluding retail, retail food, health, or | 11 | | professional services. | 12 | | (d) The Department shall adopt rules for the implementation | 13 | | of this Section.
| 14 | | Section 99. Effective date. This Act takes effect upon | 15 | | becoming law.
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