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Bill > HB1255


IL HB1255

IL HB1255
LOCAL BUSINESS ANTI-POACHING


summary

Introduced
01/18/2023
In Committee
03/10/2023
Crossed Over
Passed
Dead
01/08/2025

Introduced Session

103rd General Assembly

Bill Summary

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.

AI Summary

This bill, the Local Government Business Anti-Poaching Act, prohibits municipalities and counties from offering any incentives to businesses or corporations to move their headquarters or operations located in Illinois away from their current locations. It defines "incentive" broadly to include various economic and financial benefits. The bill also denies and limits home rule powers, making the regulation of such incentives an exclusive function of the state. The bill takes effect immediately upon becoming law.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

Session Sine Die (on 01/07/2025)

Bill Topics

Community Development and Housing Issues
  • ‐ Community and Regional Development
Government Operations
  • ‐ Intergovernmental Relations

bill text


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