HB1255 - LOCAL BUSINESS ANTI-POACHING

Creates the Local Government Business Anti-Poaching Act. Provides that no municipality or county shall offer after the effective date of the Act any incentive to a business or corporation to move its headquarters located in Illinois, or any part of its business located in Illinois, away from the current location. Defines "incentive". Limits home rule powers. Effective immediately.

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Mandate?
Position: Oppose
Revenue Loss?
Authority Preemption? Yes