DCEO-PROPERTY TAX GRANTS

What it does

The legislature's own summary of the bill, or its official long title.

Creates the Economic Development Property Tax Grant Program Act. Provides that the Department of Commerce and Economic Opportunity shall award property tax grants to each business that (i) is an approved applicant under the Invest in Illinois Act, the Economic Development for a Growing Economy Tax Credit Act, the Manufacturing Illinois Chips for Real Opportunity (MICRO) Act, or the Reimagining Electric Vehicles in Illinois Act and (ii) owns property in an underserved area. Sets forth the amount of the grants. Effective immediately.

Every action

8 steps, oldest first, as the legislature records them.

1. Feb 16, 2023HouseFiled with the Clerk by Rep. William "Will" Davis
2. Feb 16, 2023HouseFirst Reading
3. Feb 16, 2023CommitteeReferred to Rules Committee · House Rules
4. Feb 23, 2023CommitteeAssigned to Revenue & Finance Committee · House Revenue & Finance
5. Feb 28, 2023HouseAdded Chief Co-Sponsor Rep. Natalie A. Manley
6. Mar 9, 2023CommitteeTo Revenue - Property Tax Subcommittee · House Property Tax Subcommittee
7. Mar 10, 2023CommitteeRule 19(a) / Re-referred to Rules Committee · House Rules
8. Jan 7, 2025HouseSession Sine Die

Roll calls

No recorded votes on this bill yet.

Sponsors

The member who introduced it, joined by 1 cosponsor: 1 Democrat.

• William "Will" DavisD Primary sponsor · District 30