HB 4826 Illinois House · 102nd Regular Session

DCEO-GOOD CORPORATE CITIZEN

Summary
Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Provides that the Department of Commerce and Economic Opportunity may require a business organization to agree to certain terms that ensure the business is a good corporate citizen as a condition for receiving development assistance. Provides that a business that cannot truthfully agree to any required terms shall be ineligible for the development assistance. Specifies terms that may be required. Provides that compliance with good corporate citizen eligibility is required throughout a development assistance agreement. Provides that the Department may suspend the development assistance for noncompliance and seek revocation of any credits or exemptions that were earned or used during a time when the business or its corporate parent or affiliate was not in compliance with any applicable requirements. Provides for the adoption of rules. Defines terms.
Bill status failed 1 of 4 stages cleared
Introduction
Jan 2022
Committee Review
Floor Vote
Governor
Introduced Jan 25, 2022 Last action Jan 10, 2023
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Full legislative history

Actions timeline

Total actions
8
Key actions
0
Committee
3
Apr 11, 2022
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Mar 1, 2022
Committee
Assigned to Revenue & Finance Committee
lower
Jan 27, 2022
Committee
Referred to Rules Committee
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Margaret Croke
Margaret Croke
DDemocratic
IL
12