Bill Title: Amends the Illinois Procurement Code. Provides that an expatriate corporation shall be considered a non-resident bidder for purposes of the Code. Provides that no business or member of a unitary business group shall submit a bid for or enter into a contract with a State agency under the Code if the business is an expatriate corporation. Defines "expatriate corporation". Amends the Illinois Income Tax Act. Provides that notwithstanding provisions of the Act, any person formed or incorporated in a foreign tax haven may be a member of a unitary business group without regard to where its business activities are conducted. Defines "foreign tax haven". Amends the General Provisions Article of the Illinois Pension Code. Requires the Illinois Investment Policy Board to make its best efforts to identify all expatriate companies and include those companies in the list of restricted companies distributed to each retirement system and the Illinois State Board of Investment.

Spectrum: Partisan Bill (Democrat 41-1)

Status: (Passed) 2017-11-09 - Public Act . . . . . . . . . 100-0551 [HB3419 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Chaptered	2017-11-09	HTML/Text	Link	View
Veto Message	2017-08-21	HTML/Text	Link	View
Enrolled	2017-05-26	HTML/Text	Link	View
Engrossed	2017-03-24	HTML/Text	Link	View
Introduced	2017-02-09	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
House Amendment 001	2017-04-24	Proposed	HTML/Text	Link	View

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois HB3419 currently on file.

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