IL HB5191 | 2023-2024 | 103rd General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 8 2024 - 25% progression
Action: 2024-02-09 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 8 2024 - 25% progression
Action: 2024-02-09 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Creates the Protect Illinois Manufacturing and Energy from Foreign Adversaries Act. Provides that a disqualified foreign adversary may not receive certain State incentives. Provides that a disqualified foreign adversary that operates in Illinois is subject to specified taxes and fees. Defines "disqualified foreign adversary" as individuals or entities that are associated with a foreign adversary and that establish, invest in, or operate an advanced manufacturing and energy business. Amends the Illinois Income Tax Act and the Use Tax Act to make conforming changes. Amends the Illinois Administrative Procedure Act to provide for emergency rulemaking. Effective immediately.
Title
PROTECT MANUFACTURING ACT
Sponsors
History
Date | Chamber | Action |
---|---|---|
2024-02-09 | House | Referred to Rules Committee |
2024-02-09 | House | First Reading |
2024-02-08 | House | Filed with the Clerk by Rep. Brad Halbrook |
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
35 | 105 | 3-10 | Amended Code | Citation Text |
35 | 5 | 201 | Amended Code | Citation Text |
35 | 5 | 517 | New Code | See Bill Text |
35 | 5 | 714 | New Code | See Bill Text |
5 | 100 | 5-45.55 | New Code | See Bill Text |
Illinois State Sources
Type | Source |
---|---|
Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=5191&GAID=17&DocTypeID=HB&SessionID=112&GA=103 |
Text | https://www.ilga.gov/legislation/103/HB/10300HB5191.htm |