IL HB5470

Repeals the requirement for DCEO's website to maintain a comprehensive list of State, local, and federal economic benefits for businesses on July 1, 2026

Changes annual reporting deadlines from January 1 to January 31 for reports on entrepreneurial assistance centers, the Enterprise Zone Loan Fund, the Large Business Attraction Fund, and cannabis social equity programs

Extends sunset dates for four Illinois Income Tax Act credits: the apprenticeship education expense tax credit, research and development tax credit, angel investment tax credit, and River Edge Redevelopment Zone tax credit

Modifies membership requirements for the Board of the Southeastern Illinois Economic Development Authority

Takes effect immediately upon becoming law