Bill Text: IL HB4254 | 2009-2010 | 96th General Assembly | Introduced

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Bill Title: Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Provides that neither the Department of Commerce and Economic Opportunity nor the Department of Revenue shall award any discretionary tax or other incentive to any entity whose primary business is the production of oil or gas.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2009-03-13 - Rule 19(a) / Re-referred to Rules Committee [HB4254 Detail]

Download: Illinois-2009-HB4254-Introduced.html

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96TH GENERAL ASSEMBLY State of Illinois 2009 and 2010 HB4254 Introduced 2/27/2009, by Rep. Emily McAsey SYNOPSIS AS INTRODUCED:
20 ILCS 605/605-440 new
Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Provides that neither the Department of Commerce and Economic Opportunity nor the Department of Revenue shall award any discretionary tax or other incentive to any entity whose primary business is the production of oil or gas.
LRB096 10068 RCE 20233 b
FISCAL NOTE ACT MAY APPLY
A BILL FOR
HB4254 LRB096 10068 RCE 20233 b
AN ACT concerning State government.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Department of Commerce and Economic
Opportunity Law of the Civil Administrative Code of Illinois is
amended by adding Section 605-440 as follows:
(20 ILCS 605/605-440 new)
Sec. 605-440. Oil or gas business; no incentives.
Notwithstanding any other law to the contrary, neither the
Department of Commerce and Economic Opportunity nor the
Department of Revenue shall award any discretionary tax or
other incentive to any entity whose primary business is the
production of oil or gas.