Illinois Senate Bill 2596

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on October 18 2023 - 25% progression
Action: 2023-10-18 - Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Creates the Fan-Funded Stadium Act. Provides that, if any professional sports team (i) uses a tax-supported facility for most of its home games during the regular season of the professional sports league in which the team participates and (ii) receives financial assistance from the State or a political subdivision of the State, then that professional sports team shall not cease playing most of its home games at the tax-supported facility and begin playing most of its home games elsewhere unless the owner of the professional sports team enters into an agreement with the municipality in which the tax-supported facility is located permitting the team to play most of its home games elsewhere or gives the municipality in which the facility is located not less than 6 months' advance notice of the owner's intention for the team to cease playing most of its home games at the facility and gives the municipality or any individual or group of individuals who reside in the area the opportunity to purchase the team.

FAN FUNDED STADIUM ACT

Sen. Robert Peters [D]

Date	Chamber	Action
2023-10-18	Senate	Referred to Assignments
2023-10-18	Senate	First Reading
2023-10-18	Senate	Filed with Secretary by Sen. Robert Peters

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2596&GAID=17&DocTypeID=SB&SessionID=112&GA=103
Text	https://www.ilga.gov/legislation/103/SB/10300SB2596.htm