SB0048

FOREIGN COUNTRIES CONCERN ACT

Introduced·1/13/25
Introduced Text

Illinois SB0048 restricts property ownership and economic incentives for entities linked to foreign countries of concern.

The Foreign Countries of Concern Act restricts property ownership and economic incentives for entities linked to foreign countries of concern. It prohibits governmental entities from entering into contracts that would give access to personal identifying information to entities from these countries. It also bans certain entities from receiving economic incentives.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
Assignments Committee
Next
Committee decision

Sponsors

0
3
RRR
Democratic CaucusRepublican Caucus

History

Feb 17

Senate

Added as Co-Sponsor Sen. Chris Balkema

Feb 28, 2025

Senate

Added as Co-Sponsor Sen. Li Arellano, Jr.

Jan 13, 2025

Senate

Filed with Secretary by Sen. Sue Rezin