Illinois 2025-2026 Regular Session

Illinois House Bill HB2360 Latest Draft

Bill / Introduced Version Filed 01/30/2025

                            104TH GENERAL ASSEMBLY
 State of Illinois
 2025 and 2026 HB2360 Introduced , by Rep. Joe C. Sosnowski SYNOPSIS AS INTRODUCED: New Act Creates the Local Government Business Anti-Poaching Act. Provides that no municipality or county shall offer after the effective date of the Act any incentive to a business or corporation to move its headquarters located in Illinois, or any part of its business located in Illinois, away from the current location. Defines "incentive". Limits home rule powers. Effective immediately. LRB104 03745 RTM 13769 b   A BILL FOR 104TH GENERAL ASSEMBLY
 State of Illinois
 2025 and 2026 HB2360 Introduced , by Rep. Joe C. Sosnowski SYNOPSIS AS INTRODUCED:  New Act New Act  Creates the Local Government Business Anti-Poaching Act. Provides that no municipality or county shall offer after the effective date of the Act any incentive to a business or corporation to move its headquarters located in Illinois, or any part of its business located in Illinois, away from the current location. Defines "incentive". Limits home rule powers. Effective immediately.  LRB104 03745 RTM 13769 b     LRB104 03745 RTM 13769 b   A BILL FOR
104TH GENERAL ASSEMBLY
 State of Illinois
 2025 and 2026 HB2360 Introduced , by Rep. Joe C. Sosnowski SYNOPSIS AS INTRODUCED:
New Act New Act
New Act
Creates the Local Government Business Anti-Poaching Act. Provides that no municipality or county shall offer after the effective date of the Act any incentive to a business or corporation to move its headquarters located in Illinois, or any part of its business located in Illinois, away from the current location. Defines "incentive". Limits home rule powers. Effective immediately.
LRB104 03745 RTM 13769 b     LRB104 03745 RTM 13769 b
    LRB104 03745 RTM 13769 b
A BILL FOR
HB2360LRB104 03745 RTM 13769 b   HB2360  LRB104 03745 RTM 13769 b
  HB2360  LRB104 03745 RTM 13769 b
1  AN ACT concerning local government.
2  Be it enacted by the People of the State of Illinois,
3  represented in the General Assembly:
4  Section 1. Short title. This Act may be cited as the Local
5  Government Business Anti-Poaching Act.
6  Section 5. Definition. As used in this Act, "incentive"
7  means any economic benefit, financial benefit, or other
8  benefit, such as those authorized under the Economic
9  Development for a Growing Economy Tax Credit Act, the Property
10  Tax Code, the Counties Code, the Illinois Municipal Code
11  (including the Tax Increment Allocation Redevelopment Act), or
12  any other provision of law authorizing abatements, credits, or
13  tax or fee reductions.
14  Section 10. Illinois business poaching prohibited.
15  Notwithstanding any other provision of law, no municipality or
16  county shall offer after the effective date of this Act any
17  incentive to a business or corporation to move its
18  headquarters located in Illinois, or any part of its business
19  located in Illinois, away from the current location.
20  Section 15. Home rule. The regulation of offering any
21  incentive to a business or corporation to move its

 

104TH GENERAL ASSEMBLY
 State of Illinois
 2025 and 2026 HB2360 Introduced , by Rep. Joe C. Sosnowski SYNOPSIS AS INTRODUCED:
New Act New Act
New Act
Creates the Local Government Business Anti-Poaching Act. Provides that no municipality or county shall offer after the effective date of the Act any incentive to a business or corporation to move its headquarters located in Illinois, or any part of its business located in Illinois, away from the current location. Defines "incentive". Limits home rule powers. Effective immediately.
LRB104 03745 RTM 13769 b     LRB104 03745 RTM 13769 b
    LRB104 03745 RTM 13769 b
A BILL FOR

 

 

New Act



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  HB2360  LRB104 03745 RTM 13769 b


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  HB2360 - 2 - LRB104 03745 RTM 13769 b
1  headquarters located in Illinois, or any part of its business
2  located in Illinois, away from the current location are
3  exclusive powers and functions of the State. A home rule unit
4  may not regulate such matters. This Act is a denial and
5  limitation of home rule powers and functions under subsection
6  (h) of Section 6 of Article VII of the Illinois Constitution.

 

 

  HB2360 - 2 - LRB104 03745 RTM 13769 b