HB 2451 Illinois House · 103rd Regular Session

COMPANY-SPECIFIC SUBSIDIES

Summary
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.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2023
Committee Review
Floor Vote
Governor
Introduced Feb 15, 2023 Last action Mar 10, 2023
Floor votes

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Full legislative history

Actions timeline

Total actions
5
Key actions
0
Committee
3
Mar 10, 2023
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Feb 23, 2023
Committee
Assigned to Executive Committee
lower
Feb 15, 2023
Committee
Referred to Rules Committee
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Gregg Johnson
Gregg Johnson
DDemocratic
IL
72