Illinois HB1549 amends the Invest in Illinois Act to require additional notifications and objections from legislative leaders.
HB1549 amends the Invest in Illinois Act by requiring the Department to notify the Minority Leader of the Senate and the Minority Leader of the House of Representatives about agreements nearing finalization. These leaders, or their designees, can object to the agreements within two days of notification. If no objections are raised, the Department can proceed with the agreement. The bill also mandates that the Department notify these leaders about impending awards and requires their certification of no objection before any agreement can take effect.
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