Bill Sponsors: IL HB3501 | 2015-2016 | 99th General Assembly

Bill Title: Creates the Business Tax Incentive Recapture Act. Provides that, if a business is awarded a tax incentive in any taxable year, and that business relocates its corporate headquarters from Illinois to another state in the next taxable year, then the Department shall recapture the amount of the tax incentive from the business. Effective immediately.

Spectrum: Partisan Bill (Democrat 13-0)

Status: (Introduced - Dead) 2015-04-14 - Added Co-Sponsor Rep. André Thapedi [HB3501 Detail]

Text: Latest bill text (Introduced) [HTML]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Representative Michelle Mussman [D]PrimarySponsored BillsHD-056FollowTheMoneyBallotpediaVoteSmart
Representative Martin Moylan [D]CosponsorSponsored BillsHD-055FollowTheMoneyBallotpediaVoteSmart
Representative Stephanie Kifowit [D]CosponsorSponsored BillsHD-084FollowTheMoneyBallotpediaVoteSmart
Representative Lawrence Walsh [D]CosponsorSponsored BillsHD-086FollowTheMoneyBallotpediaVoteSmart
Representative Carol Sente [D]CosponsorSponsored BillsHD-059FollowTheMoneyBallotpediaVoteSmart
Representative Carol Ammons [D]CosponsorSponsored BillsHD-103FollowTheMoneyBallotpediaVoteSmart
Representative Katherine Cloonen [D]CosponsorSponsored BillsHD-079FollowTheMoneyBallotpediaVoteSmart
Representative Deborah Conroy [D]CosponsorSponsored BillsHD-046FollowTheMoneyBallotpediaVoteSmart
Representative Daniel Beiser [D]CosponsorSponsored BillsHD-111FollowTheMoneyBallotpediaVoteSmart
Senator Laura Fine [D]CosponsorSponsored BillsSD-009FollowTheMoneyBallotpediaVoteSmart
Representative Jay Hoffman [D]CosponsorSponsored BillsHD-113FollowTheMoneyBallotpediaVoteSmart
Representative Arthur Turner [D]CosponsorSponsored BillsHD-009FollowTheMoneyBallotpediaVoteSmart
Representative Andre Thapedi [D]CosponsorSponsored BillsHD-032FollowTheMoneyBallotpediaVoteSmart

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