Bill Status of SB4017

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SB4017 - 104th General Assembly

STATEWIDE INNOVATION-PILOT
Last Action
2/24/2026 - Senate: Assigned to Revenue
Senate Sponsors
Sen. Bill Cunningham
Statutes Amended In Order of Appearance
50 ILCS 475/5-5
50 ILCS 475/5-10
50 ILCS 475/5-15
50 ILCS 475/5-20
50 ILCS 475/5-30
50 ILCS 475/5-35
50 ILCS 475/5-45
50 ILCS 475/5-70
35 ILCS 200/Art. 10 Div. 23 heading new
35 ILCS 200/10-1005 new
35 ILCS 200/10-1010 new
35 ILCS 200/10-1015 new
35 ILCS 200/10-1020 new
35 ILCS 200/10-1025 new
35 ILCS 200/10-1030 new
35 ILCS 200/10-1035 new
35 ILCS 200/10-1040 new
35 ILCS 200/10-1045 new
35 ILCS 200/10-1050 new
35 ILCS 200/10-1055 new
35 ILCS 200/10-1060 new
35 ILCS 200/10-1065 new
35 ILCS 200/10-1070 new
35 ILCS 200/10-1075 new
35 ILCS 200/10-1080 new
35 ILCS 200/10-1085 new
35 ILCS 200/10-1090 new
35 ILCS 200/10-1095 new
35 ILCS 200/10-1096 new
35 ILCS 200/10-1097 new
Synopsis As Introduced
Amends the Statewide Innovation Development and Economy Act. Creates a New Opportunities for Vacation and Adventure Urban District or NOVA urban district. Sets forth the capital investment and job creation requirements to be certified as a NOVA urban district. Amends the Property Tax Code. Creates the Megaproject Assessment Freeze and Payment Law. Provides that property that receives a megaproject certificate from the Department of Commerce and Economic Opportunity is eligible for an assessment freeze. Contains provisions concerning megaproject incentive agreements.
Actions
Date Chamber Action
2/06/2026 Senate Filed with Secretary by Sen. Bill Cunningham
2/06/2026 Senate First Reading
2/06/2026 Senate Referred to Assignments
2/24/2026 Senate Assigned to Revenue
3/13/2026 Senate Rule 2-10 Committee Deadline Established As April 24, 2026