SB4017 — STATEWIDE INNOVATION-PILOT
Last action — Rule 3-9(a) / Re-referred to Assignments
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1Introduced
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2In Committee
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3Passed Senate
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4Passed House
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5To Executive
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6Enacted
This bill has been introduced in the Senate. Introduced February 06, 2026. It must pass committee before a floor vote.
Next likely step: a committee referral and hearing.
Prognosis
Where this bill stands today.
Odds of enactment
LowHow often bills like it became law.
Not enough signal yet to read this bill's trajectory — we surface a likelihood only once there's real movement (stage, sponsorship, committee, or votes) to point to.
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
In plain language
Creates a program for urban districts that encourages capital investment and job creation.
This bill amends the Statewide Innovation Development and Economy Act to establish the New Opportunities for Vacation and Adventure Urban District (NOVA). It sets job creation and investment requirements for certification and introduces property tax incentives for designated megaprojects.
What this means for you
- Workers: Workers could see new job opportunities arise as businesses invest in certified urban districts.
- Small Business: If you own a small business in a NOVA district, you may benefit from increased investment and local job creation.
Summary
Amends the Statewide Innovation Development and Economy Act. Creates a New Opportunities for Vacation and Adventure Urban District or NOVA urban district. Sets forth the capital investment and job creation requirements to be certified as a NOVA urban district. Amends the Property Tax Code. Creates the Megaproject Assessment Freeze and Payment Law. Provides that property that receives a megaproject certificate from the Department of Commerce and Economic Opportunity is eligible for an assessment freeze. Contains provisions concerning megaproject incentive agreements.
Bill Text
We don't have the full text on file for this bill yet.
Read SB4017 on the official Illinois source →Action History
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Rule 3-9(a) / Re-referred to Assignments
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Rule 2-10 Committee/3rd Reading Deadline Established As May 22, 2026
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Rule 2-10 Committee/3rd Reading Deadline Established As May 15, 2026
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Rule 2-10 Committee Deadline Established As April 24, 2026
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Assigned to Revenue
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Referred to Assignments
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First Reading
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Filed with Secretary by Sen. Bill Cunningham
Sponsors
- Bill Cunningham · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 182 not signed on
Sponsors (1)
- Bill Cunningham Democrat
Co-sponsors (0)
None.
Not signed on (182)
182 members have not signed on to this bill.
Show all 182 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does SB4017 do?
- Amends the Statewide Innovation Development and Economy Act. Creates a New Opportunities for Vacation and Adventure Urban District or NOVA urban district. Sets forth the capital investment and job creation requirements to be certified as a NOVA urban district. Amends the Property Tax Code. Creates the Megaproject Assessment Freeze and Payment Law. Provides that property that receives a megaproject certificate from the Department of Commerce and Economic Opportunity is eligible for an assessment freeze. Contains provisions concerning megaproject incentive agreements.
- Who sponsors SB4017 ?
- SB4017 is sponsored by Bill Cunningham (Democrat).
- What is the current status of SB4017 ?
- This bill has been introduced in the Senate. Introduced February 06, 2026. It must pass committee before a floor vote.
- Where can I track SB4017 ?
- Track SB4017 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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