CHICAGO – State Rep. Melissa Conyears-Ervin, D-Chicago, passed a bill out of the House on Tuesday that would keep jobs in Illinois by prohibiting companies that move Illinois jobs out-of-state from receiving tax incentives.
“It is unacceptable that businesses that receive taxpayer funded tax incentives in Illinois often take that money and move them out-of-state or overseas,” Conyears-Ervin said. “My legislation ensures that taxpayers are only investing in companies that invest in Illinois.”
Conyears-Ervin sponsored the Keep Illinois Business Act, House Bill 3538, which would disqualify any business that has moved all or part of its business out of state from qualifying for any form of state credits, incentives and loans funded by Illinois taxpayers. The legislation would also require these businesses to pay back any monetary assistance previously received if they move jobs out of the state.
The measure is a key element of Conyears-Ervin’s economic reform agenda, which will create and protect Illinois jobs while also lifting up the middle class. In addition to cracking down on corporate outsourcers, Conyears-Ervin is fighting to reinstate tax credits for Illinois businesses that create jobs locally. Conyears-Ervin’s reforms also help working families keep more of their hard-earned money by expanding the Earned Income Tax Credit (EITC).
“I will continue to fight for common-sense legislation like this that protects taxpayers and invests in businesses that invest in Illinois and our communities,” Conyears-Ervin said. “We must support Illinois businesses and create jobs for our hard working families.”
State Rep. Melissa Conyears-Ervin is the state representative for Illinois’ 10th district. Her office can be reached at by phone at 773-417-1020 or by email at Rep@ConyearsErvin.com.