Bill Texts: IL HB5191 | 2023-2024 | 103rd General Assembly
Bill Title: 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.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced) 2024-02-09 - Referred to Rules Committee [HB5191 Detail]
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced) 2024-02-09 - Referred to Rules Committee [HB5191 Detail]
Bill Drafts
Revision | Date | Format | Source | View |
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Introduced | 2024-02-08 | HTML/Text | Link | View |
Amendments
Amendment | Date | Disposition | Format | Source | View |
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No bill amendments currently on file for Illinois HB5191 |
Supplemental Documents
Title | Description | Date | Format | Source | View |
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No supplemental documents for Illinois HB5191 currently on file. |