Bill Texts: IL HB0095 | 2021-2022 | 102nd General Assembly

Bill Title: Creates the Company-Specific Subsidy Interstate Compact. Enters into the compact, which may be entered into by any state and the District of Columbia, in which each member state agrees to not offer company-specific subsidies for companies currently located in or considering locating in the member state, including, but not limited to, for corporate headquarters, manufacturing facilities, office space, or other real estate developments. Excludes existing company-specific subsidies (until terms change, are renewed, or are reenacted) and workforce development grants. Creates the Interstate Company-Specific Subsidy Board upon the second member state entering into the compact. Provides for withdrawal of a member state with 6 months' written notice. Defines terms.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Introduced - Dead) 2021-03-27 - Rule 19(a) / Re-referred to Rules Committee [HB0095 Detail]

Bill Drafts

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Introduced2021-01-13HTML/TextLinkView

Amendments

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No bill amendments currently on file for Illinois HB0095

Supplemental Documents

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No supplemental documents for Illinois HB0095 currently on file.

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