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SB 399

ECONOMIC DEVELOPMENT-TECH

104th Regular Session Introduced by Don Harmon

Illinois SB 399 advances technology sector economic development through incentives and support mechanisms, pending final legislative approval after committee passage.

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Bill Summary · SB 399

Legislative bill overview

SB 399 is an Illinois economic development bill focused on technology sector growth, sponsored by Senate President Don Harmon. The bill has advanced through committee with unanimous approval and is currently in the assignment phase after being re-referred on April 11, 2025. Specific provisions are not detailed in the available legislative record, but the title indicates tax incentives, infrastructure support, or regulatory reforms targeting technology businesses.

Why is this important

Technology sector development directly affects job creation, tax revenue, and Illinois's competitiveness against other states attracting tech companies and talent. Economic development bills often reshape business tax obligations and state spending priorities, impacting both the technology industry and general taxpayers who fund incentive programs.

Potential points of contention

  • Cost to state budget: Tech incentive programs can be expensive; taxpayers may question whether promised job creation justifies the investment or if companies would relocate regardless
  • Geographic equity: Benefits may concentrate in urban centers like Chicago, raising concerns about rural and downstate economic neglect
  • Incentive accountability: Questions about whether tax credits or subsidies actually produce lasting jobs versus serving as corporate windfalls with minimal public return

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

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