Illinois General Assembly - Bill Status for HB2531
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 Bill Status of HB2531  99th General Assembly


Short Description:  JOB CREATION-FINANCE

House Sponsors
Rep. Michael W. Tryon - David S. Olsen - Thomas M. Bennett and Al Riley

Last Action
DateChamber Action
  1/10/2017HouseSession Sine Die

Statutes Amended In Order of Appearance
New Act


Synopsis As Introduced
Creates the Jobs Creation Finance Act. Provides that municipalities may designate job creation areas. Provides that businesses that undertake job creation projects in those designated areas are eligible for certain tax incentives. Provides that municipalities may issue bonds in connection with those projects. Contains provisions concerning public hearings. Contains numerous other provisions. Effective immediately.

Actions 
DateChamber Action
  2/18/2015HouseFiled with the Clerk by Rep. Michael W. Tryon
  2/18/2015HouseFirst Reading
  2/18/2015HouseReferred to Rules Committee
  3/2/2015HouseAssigned to Revenue & Finance Committee
  3/3/2015HouseAdded Co-Sponsor Rep. Al Riley
  3/6/2015HouseTo Income Tax Subcommittee
  3/27/2015HouseRule 19(a) / Re-referred to Rules Committee
  8/15/2016HouseAdded Chief Co-Sponsor Rep. David S. Olsen
  8/31/2016HouseAdded Chief Co-Sponsor Rep. Thomas M. Bennett
  1/10/2017HouseSession Sine Die

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