Comments: IL HB4571 | 2023-2024 | 103rd General Assembly

Bill Title: Creates the Small Business Economic Incentive Act. Provides that at least 50% of the dollar value of all economic incentives awarded to businesses by the State or by any State agency on or after January 1, 2025 shall be awarded to businesses with 50 or fewer full-time employees. Effective January 1, 2025.

Spectrum: Partisan Bill (Democrat 6-0)

Status: (Failed) 2025-01-07 - Session Sine Die [HB4571 Detail]

Text: Latest bill text (Introduced) [HTML]

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