HB 4564

Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Creates the Illinois Competitiveness and Innovation Working Group within the Department of Commerce and Economic Opportunity. Sets forth the membership of the Working Group. Provides that the Department of Commerce and Economic Opportunity shall review and propose a megaproject incentive framework for the State, including performance-based tax credits, capital assistance, and workforce training tools. Provides that the Department of Commerce and Economic Opportunity shall continue to conduct annual international trade missions to priority markets. Provides for a statewide tourism connectivity plan. Provides that the Department of Commerce and Economic Opportunity shall establish certain grant programs. Amends the Public Utilities Act. Provides that the Illinois Commerce Commission shall monitor and annually report to the Governor and the General Assembly on the affordability, reliability, and capacity of energy for industrial users.