IL HB0606 | 2021-2022 | 102nd General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 4 2021 - 25% progression, died in committee
Action: 2022-02-18 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Creates the Jobs Creation Finance Act. Provides that municipalities may designate job creation areas. Provides that businesses that undertake job creation projects in those designated areas are eligible for certain tax incentives. Provides that municipalities may issue bonds in connection with those projects. Contains provisions concerning public hearings. Contains numerous other provisions. Effective immediately.

Tracking Information

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Title

JOB CREATION-FINANCE

Sponsors


History

DateChamberAction
2022-02-18HouseRule 19(a) / Re-referred to Rules Committee
2022-02-15HouseTo Income Tax Subcommittee
2022-02-09HouseAssigned to Revenue & Finance Committee
2021-03-27HouseRule 19(a) / Re-referred to Rules Committee
2021-03-11HouseTo Income Tax Subcommittee
2021-03-02HouseAssigned to Revenue & Finance Committee
2021-02-08HouseReferred to Rules Committee
2021-02-08HouseFirst Reading
2021-02-04HouseFiled with the Clerk by Rep. Dave Vella

Illinois State Sources


Bill Comments

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