Bill > SB2275

This bill amends the Invest in Illinois Act to expand notification and objection rights to minority legislative leaders. Specifically, the bill requires that when the Department of Illinois is negotiating awards under the Act, it must now notify not only the Senate President and House Speaker, but also the Minority Leader of the Senate and the Minority Leader of the House of Representatives. These minority leaders will now have the same rights as the majority leaders to receive detailed information about potential awards, including the prospective award amount and other relevant application details. Moreover, these minority leaders can now also certify that they have been notified and can submit objections to proposed agreements within two days of notification. If any of these four leaders (two majority and two minority) submit a written objection, the agreement cannot take effect, and no funds can be expended or transferred. The bill aims to increase transparency and provide more legislative oversight by giving minority party leadership a formal role in the review and potential rejection of economic development agreements. The changes become effective immediately upon passage.

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2275&GAID=18&DocTypeID=SB&SessionID=114&GA=104