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IL HB2411

Bill

Status

Passed

8/20/2021

Primary Sponsor

William Davis

Click for details

Origin

House of Representatives

102nd General Assembly

AI Summary

  • Extends the deadline for the Department of Commerce and Economic Opportunity to issue new data center investment certificates of exemption from July 1, 2024 to July 1, 2029.

  • Changes the green building certification deadline for qualifying data centers from 90 days to 2 years after being placed in service.

  • Extends the South Suburban Brownfields Redevelopment Fund authorization from fiscal year 2021 through fiscal year 2026, with provision to extend further by law.

  • Maintains existing requirements for data centers to qualify for tax exemptions, including $250 million capital investment over 60 months and creation of at least 20 full-time equivalent jobs paying 120% of county average wage.

  • Requires data center contractors and subcontractors to comply with Illinois Procurement Code responsible bidder requirements and enter into project labor agreements approved by the Department.

Legislative Description

BRIMPA-DATA CENTER INVESTMENT

Last Action

Public Act . . . . . . . . . 102-0427

8/20/2021

Committee Referrals

Revenue5/10/2021
Assignments4/27/2021
Revenue & Finance3/25/2021
Income Tax3/18/2021
Revenue & Finance3/9/2021
Rules2/17/2021

Full Bill Text

No bill text available