Illinois · House Bill 4040 · 103rd General Assembly

REVENUE-MEGAPROJECTS

  1. Introduced Apr 20, 2023
  2. In committee Apr 20, 2023
  3. Died  
  4. Passed the Senate  
  5. To the governor  
  6. Became law  

What it does

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

Creates the Megaproject Sports and Entertainment Facility Admission Tax Act. Imposes a tax of $3 for each individual admitted to a sports and entertainment facility located on megaproject property. Contains provisions concerning the distribution of the proceeds of the tax. Amends the Property Tax Code. Provides that certain property may be certified by the Department of Revenue as containing a megaproject. Provides…

Read the full title (283 words)

Creates the Megaproject Sports and Entertainment Facility Admission Tax Act. Imposes a tax of $3 for each individual admitted to a sports and entertainment facility located on megaproject property. Contains provisions concerning the distribution of the proceeds of the tax. Amends the Property Tax Code. Provides that certain property may be certified by the Department of Revenue as containing a megaproject. Provides that a "megaproject" is a project with respect to which a company makes a specified investment during a specified investment period. Provides that the Department of Revenue may issue a megaproject certificate only for a megaproject in the Village of Arlington Heights. Provides that the megaproject property is eligible for an assessment freeze. Provides that megaproject property may be granted an abatement. Provides that a company that operates a megaproject shall enter into an agreement with the municipality in which the project is located to make certain special payments. Creates the Arlington Megaproject Oversight Board. Provides that the incentive agreement must be approved by resolution of the Arlington Megaproject Oversight Board. Amends the State Finance Act making conforming changes. Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, and the Retailers' Occupation Tax Act. Provides that qualified tangible personal property used in the construction or operation of a megaproject is exempt from the taxes imposed under those Acts. Amends the Use Tax Act, the Service Use Tax Act, the Service Occupation Tax Act, the Retailers' Occupation Tax Act, the Hotel Operators' Occupation Tax Act, and the Liquor Control Act of 1934. Provides that certain tax proceeds from megaproject property shall be deposited into the Arlington Megaproject Infrastructure Fund. Makes other changes. Effective June 1, 2023.

Every action

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

Show the 22 earlier steps
  1. HouseFiled with the Clerk by Rep. Martin J. Moylan
  2. HouseAdded Chief Co-Sponsor Rep. Jonathan Carroll
  3. HouseAdded Co-Sponsor Rep. Mary Gill
  4. HouseAdded Co-Sponsor Rep. Joyce Mason
  5. HouseAdded Co-Sponsor Rep. Hoan Huynh
  6. HouseAdded Co-Sponsor Rep. Robert "Bob" Rita
  7. HouseAdded Chief Co-Sponsor Rep. Nabeela Syed
  8. HouseAdded Co-Sponsor Rep. Rita Mayfield
  9. HouseAdded Co-Sponsor Rep. Matt Hanson
  10. HouseAdded Co-Sponsor Rep. Angelica Guerrero-Cuellar
  11. HouseAdded Co-Sponsor Rep. Barbara Hernández
  12. HouseAdded Co-Sponsor Rep. Dagmara Avelar
  13. HouseAdded Co-Sponsor Rep. Gregg Johnson
  14. HouseFirst Reading
  15. CommitteeReferred to Rules Committee · House Rules
  16. HouseAdded Co-Sponsor Rep. Michelle Mussman
  17. HouseAdded Co-Sponsor Rep. Anthony DeLuca
  18. HouseAdded Co-Sponsor Rep. Norma Hernandez
  19. HouseAdded Chief Co-Sponsor Rep. Jennifer Sanalitro
  20. HouseAdded Co-Sponsor Rep. Carol Ammons
  21. HouseAdded Co-Sponsor Rep. Laura Faver Dias
  22. HouseAdded Co-Sponsor Rep. Kevin John Olickal
  1. HouseAdded Co-Sponsor Rep. Mary E. Flowers
  2. HouseAdded Co-Sponsor Rep. Diane Blair-Sherlock
  3. HouseAdded Co-Sponsor Rep. Edgar González, Jr.
  4. HouseRemoved Co-Sponsor Rep. Mary Gill
  5. HouseRemove Chief Co-Sponsor Rep. Jennifer Sanalitro
  6. HouseAdded Co-Sponsor Rep. Jehan Gordon-Booth
  7. HouseAdded Chief Co-Sponsor Rep. Stephanie A. Kifowit
  8. HouseSession Sine Die

Roll calls

No recorded votes on this bill yet.

Sponsors

The member who introduced it, joined by 23 cosponsors: 23 Democrats.

All 23 cosponsors

From Illinois's official records (www.ilga.gov), checked Nov 13, 2026. Text links go to the official versions; LegiList does not copy bill text.