SPRINGFIELD, Ill. – In an effort to hold corporations that turn their backs on Illinois workers accountable, state Rep. Jay Hoffman, D-Swansea, is backing legislation that requires companies that ship out Illinois jobs to repay state funds they received to incentivize job growth.
“We need to hold corporations that ship Illinois jobs out-of-state and overseas accountable,” Hoffman said. “Our priority should be investing in companies that want to do business in the state and are committed to creating local jobs.”
Hoffman is sponsoring House Bill 3538, also known as the Keep Illinois Business Act, which disqualifies any business that has moved all or part of its operations out of state from qualifying for economic development assistance. The legislation would also require these businesses to pay back any monetary assistance previously received, if they move jobs out of the state. Businesses will have the opportunity to challenge the revocation if they feel it is unjust or improper.
In addition to cracking down on corporations that are shipping jobs overseas, Hoffman has spearheading a legislative package, House Bill 137 and House Bill 138, that works to ensure the state is buying Illinois or American-made products.
“By investing in products made in Illinois and America, we are investing in Illinois and American jobs,” Hoffman said. “These measures are going to help create new jobs for our area, spur the local economy, and grow our state’s economy.”
Rep Jay Hoffman
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