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HB 2757

Agriculture; Oklahoma Agricultural Act of 2025; noncodificiation; effective date.

2025 Regular Session Introduced by Trey Caldwell

Creates a Chicago Downtown Revitalization Task Force to study post-pandemic challenges and recommend policy changes to boost downtown economic activity, with reports over five year

Second Reading referred to Rules
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Bill Summary · HB 2757

HB 2757 — Chicago Downtown Revitalization Task Force Act (As Enacted)

Status: Enacted (signed by Governor 2025-06-20; effective immediately)

Note: The bill’s original introduced text (unrelated Arizona prescription-drug provisions) was fully replaced by House amendments. The enacted law establishes an Illinois state task force focused on downtown Chicago revitalization.

Purpose / Intent

Create a multi-stakeholder Task Force to analyze post‑pandemic challenges and opportunities in downtown Chicago (the Central Business District and associated neighborhoods) and to recommend policy changes — including tax, development, and incentive strategies — to restore and strengthen economic activity, employment, and vitality.

Key provisions

  • Establishes the Chicago Downtown Revitalization Task Force.
  • States legislative findings about reduced office occupancy, high vacancy/sublease availability, lower foot traffic, and both risks and opportunities for downtown Chicago’s economy.
  • Requires a comprehensive analysis of taxes and economic incentives affecting downtown Chicago, including those levied by the State and those authorized by State law but implemented by local governments (including the City of Chicago).
  • Directs research on trends affecting downtown: population, office occupancy and vacancy, commercial valuation, retail/restaurant sales, hotel occupancy, cultural attendance, etc.
  • Requires review of national best practices for post‑pandemic urban revitalization and assessment of industry clusters and marketability.
  • Task Force must develop recommendations for policy changes or new programs to enhance downtown economic activity.

Membership and administration

  • Membership includes:
    • Four legislative appointees (one each by the House Speaker, House Minority Leader, Senate President, Senate Minority Leader).
    • The Director of Commerce & Economic Opportunity (DCEO) or designee — ex officio, nonvoting.
    • The Mayor of Chicago or the Mayor’s designee.
    • A City Council member (appointed by the Governor).
    • Governor-appointed representatives from: commercial real estate/office, restaurant, retail, downtown residential property owners, hotel industry, a downtown cultural institution, two additional downtown business interests, two tax policy experts (including property tax expertise), and two labor union representatives.
  • Members serve without compensation.
  • Subject to appropriation, DCEO provides administrative support and agencies/entities represented on the Task Force must share relevant data.

Duties, reports, and timeline

  • Initial report due to the Governor and General Assembly no later than 12 months after the Act’s effective date, detailing findings and actions.
  • Periodic follow-up reports thereafter for the duration of the Task Force.
  • The Act provides that the Task Force will be dissolved five years after the effective date (per the bill synopsis), and the statute is repealed on January 1, 2032.

Who is affected

  • State agencies (DCEO and others asked to provide data), City of Chicago officials, downtown property and business owners, tenants, labor organizations, and policymakers at state and local levels. Recommendations may affect tax policy, incentives, zoning, economic development programs, and service provision downtown.

Potential impact

  • Produces a coordinated, evidence‑based set of policy options to address downtown vacancy, fiscal implications, and economic recovery.
  • Could inform future legislation or administrative actions on taxes, incentives, development, and programs to attract residents, visitors, workers, and businesses to downtown Chicago.

Legislative history highlights

  • Introduced: 2025-02-06 (House)
  • Passed both chambers in May 2025 (various readings, committee reports)
  • Enrolled and sent to Governor: 2025-05-30
  • Signed by Governor and effective: 2025-06-20

For full text of membership lists, duties, and reporting requirements, refer to the enrolled/engrossed bill as signed into law.

Compiled from official sources — confirm details with the bill’s official record.

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