Illinois · Senate Bill 1350 · 103rd General Assembly

REVENUE-MEGA PROJECTS

SB 1350 Sponsored by Don Harmon Died in committee

  1. Introduced Feb 6, 2023
  2. In committee Feb 6, 2023
  3. Died  
  4. Passed the House  
  5. To the governor  
  6. Became law  

What it does

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

Amends the Property Tax Code. Provides that certain property may be certified by the Department of Revenue as containing a mega project. Provides that a "mega project" is a project with respect to which a company makes a specified investment during a specified investment period. Provides that the mega project property is eligible for an assessment freeze. Provides that mega project property may be granted an…

Read the full title (145 words)

Amends the Property Tax Code. Provides that certain property may be certified by the Department of Revenue as containing a mega project. Provides that a "mega project" is a project with respect to which a company makes a specified investment during a specified investment period. Provides that the mega project property is eligible for an assessment freeze. Provides that mega project property may be granted an abatement. Provides that a company that operates a mega project shall enter into an agreement with the municipality in which the project is located to make certain special payments. 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 mega project is exempt from the taxes imposed under those Acts. Effective June 1, 2023.

Every action

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

  1. SenateFiled with Secretary by Sen. Ann Gillespie
  2. SenateFirst Reading
  3. CommitteeReferred to Assignments · Senate Assignments
  4. SenateAdded as Co-Sponsor Sen. Meg Loughran Cappel
  5. SenateSponsor Removed Sen. Meg Loughran Cappel
  6. SenateAdded as Co-Sponsor Sen. Seth Lewis
  7. SenateAdded as Co-Sponsor Sen. Donald P. DeWitte
  8. SenateAdded as Co-Sponsor Sen. Sue Rezin
  9. SenateAdded as Co-Sponsor Sen. John F. Curran
  10. SenateAdded as Co-Sponsor Sen. Dan McConchie
  11. SenateChief Sponsor Changed to Sen. Don Harmon
  12. SenateSession Sine Die

Roll calls

No recorded votes on this bill yet.

Sponsors

The member who introduced it, joined by 5 cosponsors: 5 Republicans.

All 5 cosponsors

From Illinois's official records (www.ilga.gov), checked Nov 2, 2026. Text links go to the official versions; LegiList does not copy bill text.