Illinois General Assembly - Bill Status for HB4747

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Bill Status of HB4747 94th General Assembly

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Short Description: DCEO-BUSINESS LOCTN INCENTIVES

House Sponsors
Rep. Kathleen A. Ryg

Last Action

Date	Chamber	Action
1/9/2007	House	Session 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.

Actions

Date	Chamber	Action
1/13/2006	House	Filed with the Clerk by Rep. Kathleen A. Ryg
1/18/2006	House	First Reading
1/18/2006	House	Referred to Rules Committee
1/9/2007	House	Session Sine Die

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