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<xml>
<title>Illinois General Assembly - Bill Status for HB 4973</title>
<shortdesc>ILLINOIS PROMOTION-CONVENTIONS</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Dave Vella</sponsors>
</sponsor>
<lastaction>
<statusdate>3/27/2026</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>20 ILCS 665/8a</reference><aliasreference>from Ch. 127, par. 200-28a</aliasreference><reference>30 ILCS 105/5.1038 new</reference><aliasreference></aliasreference><reference>30 ILCS 105/6z-149 new</reference><aliasreference></aliasreference><SynopsisText>     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.</SynopsisText></synopsis>
<actions>
<statusdate>2/4/2026</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Dave Vella</action>
<statusdate>2/6/2026</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/6/2026</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/17/2026</statusdate><chamber>House</chamber><action>Assigned to Appropriations-Public Safety and Infrastructure Committee</action>
<statusdate>3/27/2026</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
</actions>
</xml>
