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| | 97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012 HB1262 Introduced 02/08/11, by Rep. Keith Farnham - Michelle Mussman SYNOPSIS AS INTRODUCED: |
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Amends the Department of Commerce and Economic Opportunity Law of the
Civil Administrative Code of Illinois. Requires the Department to conduct a survey of certain businesses that are located in the State or have been identified as having left the State in the last 10 years. Provides that the survey must contain information regarding (i) why the business left, if applicable, and the location to which the business relocated and (ii) any incentives that are needed to keep and attract the business. Effective immediately.
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| | | FISCAL NOTE ACT MAY APPLY | |
| | A BILL FOR |
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| | HB1262 | | LRB097 06671 HLH 46757 b |
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1 | | AN ACT concerning State government.
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2 | | Be it enacted by the People of the State of Illinois,
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3 | | represented in the General Assembly:
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4 | | Section 5. The Department of Commerce and Economic |
5 | | Opportunity Law of the
Civil Administrative Code of Illinois is |
6 | | amended by adding Section 605-456 as follows: |
7 | | (20 ILCS 605/605-456 new) |
8 | | Sec. 605-456. Survey and report on business incentives. |
9 | | (a) The Department shall contact businesses that are |
10 | | located in the State or have been identified as having left the |
11 | | State in the last 10 years. The Department shall request that |
12 | | the business complete a survey, developed by the Department, |
13 | | that includes information regarding (i) why the business left, |
14 | | if applicable, and the location to which the business relocated |
15 | | and (ii) any incentives that are needed to keep and attract the |
16 | | business. |
17 | | (b) The Department shall compile the results of the surveys |
18 | | and any other relevant information provided to the Department. |
19 | | By each July 1, the Department shall report to the General |
20 | | Assembly upon its compilation of the previous year's survey |
21 | | responses and any of the other relevant information. The report |
22 | | must identify, at a minimum, the most common responses, |
23 | | categorized by industry and region, regarding (i) why |