90th General Assembly
Summary of HB0113
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House Sponsors:
NOVAK.

Senate Sponsors:
PETERSON

Short description: 
HI IMPACT BUS-JOB CREATION                                                 

Synopsis of Bill as introduced:
        Amends the Illinois Enterprise Zone Act.  Includes in the list of      
   qualifying conditions for a "high impact  business"  a  business  that      
   intends  to  make  a  minimum investment of $200,000,000 which will be      
   placed in service in qualified property  and  intends  to  create,  or      
   cause  the  creation of, 500 full-time equivalent jobs at a commercial      
   development consisting of at least 500 acres at a designated  location      
   in Illinois.                                                                
          STATE MANDATES FISCAL NOTE                                           
          In the opinion of DCCA, HB113 fails to create a State mandate        
          under the State Mandates Act.                                        
          FISCAL NOTE (Dept. of Revenue)                                       
          HB 113 will have an indeterminable negative fiscal impact to         
          the state.                                                           
        HOUSE AMENDMENT NO. 1.                                                 
        Deletes everything.  Amends the Illinois Enterprise Zone  Act  by      
   making  a  technical  change  in  the  Section  concerning High Impact      
   Business.                                                                   
 
Last action on Bill: SESSION SINE DIE

   Last action date: 99-01-12

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   1     SENATE -   0


   END OF INQUIRY 



 Full Text  Bill Status