Illinois 2023-2024 Regular Session

Illinois House Bill HB5565

Introduced
2/9/24  
Introduced
2/9/24  
Refer
2/28/24  
Refer
2/9/24  
Refer
6/29/24  
Refer
2/28/24  

Caption

$DCEO-QUANTUM SCIENCE

Impact

The bill signifies a key legislative initiative focused on enhancing Illinois' position in modern scientific research, particularly in burgeoning fields like quantum technology. By allocating funds specifically for the development of quantum information science facilities, the bill seeks to attract investment and foster innovation that has the potential to transform various sectors, including computing, cybersecurity, and materials science. This move may help Illinois compete with other states and regions that are investing heavily in similar technologies.

Summary

House Bill 5565 was introduced in the Illinois General Assembly to appropriate $5,000,000 from the Build Illinois Bond Fund. The funds are designated for the Department of Commerce and Economic Opportunity to facilitate grants aimed at the creation or expansion of facilities related to quantum information science. This investment is intended to bolster the state's capabilities in advancing research and development within the quantum information realm, a field anticipated to have significant implications for various industries and technologies.

Contention

Although the bill appears to have broad support due to the promising nature of quantum information science, there may be points of contention regarding the allocation of state funds, especially in terms of prioritizing such investments over other pressing needs within the community. Critics may argue that funding should instead be directed towards more immediate social services or infrastructure improvements. Moreover, there could be discussions about accountability and the effectiveness of grant distribution to ensure that the investment translates into tangible outcomes for the state.

Companion Bills

No companion bills found.

Similar Bills

No similar bills found.