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Illinois House Passes Big Business Incentives Package

Posted on May 23, 2024

HB 817 passed the House, 98-14. (Dave Dahl/WJBC)

By Dave Dahl

SPRINGFIELD – The Illinois House of Representatives passed a large business incentives package, called the “quantum bill.”

The governor wants Illinois to be the epicenter of quantum computing: the Silicon Valley of the Midwest. State Rep. Dave Vella (D-Rockford) approved the bill.

“It has been projected that the incentives included in this bill will allow us to obtain projects that will generate approximately $21 billion in new state revenue,” Vella said.

State Rep. CD Davidsmeyer (R-Jacksonville) said the state has it all wrong.

“About a decade ago, our budget was around $30 billion,” he said. “We have a proposed budget of almost $53 billion this year. The idea behind business growth and having more businesses and more taxpayers is that everyone should pay less. Unfortunately, the way it works is that as our economy grows, Springfield politicians get more money to spend.”

HB 817 passed the House, 98-14.

You can contact Dave Dahl at (email protected)

Filed Under: Politics, State News, WJBC Featured Stories