Illinois General Assembly - Bill Status for HB4442
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 Bill Status of HB4442  93rd General Assembly


Short Description:  CORP LOCATION EFFICIENCY ACT

House Sponsors
Rep. Kathleen A. Ryg

Last Action
DateChamber Action
  3/3/2004HouseTabled By Sponsor Rep. Kathleen A. Ryg

Statutes Amended In Order of Appearance
New Act


Synopsis As Introduced
Creates the Corporation Location Efficiency Act. Requires that an applicant applying for State economic development assistance for a business location provide data on affordable housing and mass transit in its vicinity. Provides that if data submitted by the applicant shows that affordable housing and mass transit are near the proposed work site, the Department of Commerce and Economic Opportunity shall grant the applicant a preference in awarding economic development assistance. Provides that if affordable housing and mass transit are not present near the proposed work site, the applicant can receive a preference only if it submits to the Department of Commerce and Economic Opportunity a plan showing how the applicant will address the housing and mass transit deficiency. Provides that applicants who fail to submit a satisfactory plan to the Department of Commerce and Economic Opportunity may still receive State economic development assistance, but the Department must make public its reasons for exemption. Effective January 1, 2005.

Actions 
DateChamber Action
  2/3/2004HouseFiled with the Clerk by Rep. Kathleen A. Ryg
  2/3/2004HouseFirst Reading
  2/3/2004HouseReferred to Rules Committee
  3/2/2004HouseAssigned to Commerce and Business Development Committee
  3/2/2004HouseMotion to Suspend Rule 25 - Prevailed by Voice Vote
  3/3/2004HouseTabled By Sponsor Rep. Kathleen A. Ryg

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