HB4973 - 104th General Assembly (2025-2026)

ILLINOIS PROMOTION-CONVENTIONS
Last Action
2/06/2026 - House: Referred to Rules Committee
House Sponsors
Rep. Dave Vella
Statutes Amended In Order of Appearance
20 ILCS 665/8a  from Ch. 127, par. 200-28a
30 ILCS 105/5.1038 new  
30 ILCS 105/6z-149 new  
Synopsis As Introduced
Amends the Illinois Promotion Act. Provides that the Department of Commerce and Economic Opportunity may issue competitive grants with initial terms of 10 years for the purpose of administering an incentive program that will attract or retain conventions, meetings, sporting events, and trade shows in Illinois with the goal of increasing business or leisure travel to and within the State. Amends the State Finance Act. Establishes the Tourism Incentive Grant Program Fund as a special fund in the State treasury. Provides that, on July 1, 2026, and every July 1 thereafter, or as soon thereafter as practical, the State Comptroller shall direct and the State Treasurer shall transfer the sum of $5,000,000 from the General Revenue Fund to the Tourism Incentive Grant Program Fund. Effective immediately.
Actions
DateChamberAction
2/04/2026HouseFiled with the Clerk by Rep. Dave Vella
2/06/2026HouseFirst Reading
2/06/2026HouseReferred to Rules Committee