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HB2360 - 104th General Assembly

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104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026
HB2360
 
Introduced 2/4/2025, by Rep. Joe C. Sosnowski
 
SYNOPSIS AS INTRODUCED:
 
New Act
    Creates the Local Government Business Anti-Poaching Act. Provides that no municipality or county shall offer after the effective date of the Act any incentive to a business or corporation to move its headquarters located in Illinois, or any part of its business located in Illinois, away from the current location. Defines "incentive". Limits home rule powers. Effective immediately.


LRB104 03745 RTM 13769 b

 
 
A BILL FOR
 
HB2360LRB104 03745 RTM 13769 b

1    AN ACT concerning local government.
 
2    Be it enacted by the People of the State of Illinois, 
3represented in the General Assembly:
 
4    Section 1. Short title. This Act may be cited as the Local 
5Government Business Anti-Poaching Act.
 
6    Section 5. Definition. As used in this Act, "incentive" 
7means any economic benefit, financial benefit, or other 
8benefit, such as those authorized under the Economic 
9Development for a Growing Economy Tax Credit Act, the Property 
10Tax Code, the Counties Code, the Illinois Municipal Code 
11(including the Tax Increment Allocation Redevelopment Act), or 
12any other provision of law authorizing abatements, credits, or 
13tax or fee reductions.
 
14    Section 10. Illinois business poaching prohibited. 
15Notwithstanding any other provision of law, no municipality or 
16county shall offer after the effective date of this Act any 
17incentive to a business or corporation to move its 
18headquarters located in Illinois, or any part of its business 
19located in Illinois, away from the current location. 
 
20    Section 15. Home rule. The regulation of offering any 
21incentive to a business or corporation to move its 
 
 
HB2360- 2 -LRB104 03745 RTM 13769 b

1headquarters located in Illinois, or any part of its business 
2located in Illinois, away from the current location are 
3exclusive powers and functions of the State. A home rule unit 
4may not regulate such matters. This Act is a denial and 
5limitation of home rule powers and functions under subsection 
6(h) of Section 6 of Article VII of the Illinois Constitution. 
 
7    Section 99. Effective date. This Act takes effect upon 
8becoming law.