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<xml>
<title>Illinois General Assembly - Bill Status for HB 2790         </title>
<shortdesc>DCEO-PROPERTY TAX GRANTS</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. William "Will" Davis-Natalie A. Manley</sponsors>
</sponsor>
<lastaction>
<statusdate>1/7/2025</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>New Act</reference><aliasreference></aliasreference><SynopsisText>     Creates the Economic Development Property Tax Grant Program Act. Provides that the Department of Commerce and Economic Opportunity shall award property tax grants to each business that (i) is an approved applicant under the Invest in Illinois Act, the Economic Development for a Growing Economy Tax Credit Act, the Manufacturing Illinois Chips for Real Opportunity (MICRO) Act, or the Reimagining Electric Vehicles in Illinois Act and (ii) owns property in an underserved area. Sets forth the amount of the grants. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/16/2023</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. William "Will" Davis</action>
<statusdate>2/16/2023</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/16/2023</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/23/2023</statusdate><chamber>House</chamber><action>Assigned to Revenue &amp; Finance Committee</action>
<statusdate>2/28/2023</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Natalie A. Manley</action>
<statusdate>3/9/2023</statusdate><chamber>House</chamber><action>To Revenue - Property Tax Subcommittee</action>
<statusdate>3/10/2023</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/7/2025</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

