Illinois General Assembly - Bill Status for HB4747
Illinois General Assembly

Previous General Assemblies

 Bill Status of HB4747  94th General Assembly


House Sponsors
Rep. Kathleen A. Ryg

Last Action
DateChamber Action
  1/9/2007HouseSession Sine Die

Statutes Amended In Order of Appearance
New Act

Synopsis As Introduced
Creates the Business Location Efficiency Incentive Act. Authorizes companies applying to the Department of Commerce and Economic Opportunity for certain economic development assistance tax credits to seek increased or extended tax credits if (i) the company's proposed project site is located in an area that capitalizes upon affordable workforce housing or accessible mass transit, (ii) the company submits to the Department an approved remediation plan to improve housing or access to mass transit, or (iii) the company's project is located in labor surplus areas. Provides for the Department's awarding of such incentives. Repeals the Act on December 31, 2010.

DateChamber Action
  1/13/2006HouseFiled with the Clerk by Rep. Kathleen A. Ryg
  1/18/2006HouseFirst Reading
  1/18/2006HouseReferred to Rules Committee
  1/9/2007HouseSession Sine Die

Back To Top