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Bill

SB 398

ECONOMIC DEVELOPMENT-TECH

104th Regular Session Introduced by Don Harmon

Illinois advances technology sector economic development bill through committee with unanimous support; pending further legislative consideration.

Rule 3-9(a) / Re-referred to Assignments
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Bill Summary · SB 398

Legislative bill overview

SB 398 is an Illinois economic development bill focused on technology sector growth, sponsored by Senate President Don Harmon. The bill has passed its committee stage with unanimous support and is currently in the legislative review process after being re-referred to Assignments.

Why is this important

Technology sector development directly impacts job creation, tax revenue, and Illinois's competitiveness with other states for tech investment and talent. Economic development bills often shape which industries receive state support, infrastructure investment, or tax incentives over the next several years.

Potential points of contention

  • Fiscal impact unclear: Without access to the bill's specific text, the cost to the state budget and which programs might be affected remains undefined
  • Industry selection bias: Tech-focused incentives may advantage certain sectors while potentially disadvantaging traditional manufacturing or other industries seeking support
  • Geographic distribution: Risk that benefits concentrate in Chicago/urban areas rather than serving downstate Illinois communities equitably

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

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