STATEWIDE INNOVATION-PILOT Senate SponsorsSen. Bill Cunningham 2/24/2026SenateAssigned to Revenue 50 ILCS 475/5-550 ILCS 475/5-1050 ILCS 475/5-1550 ILCS 475/5-2050 ILCS 475/5-3050 ILCS 475/5-3550 ILCS 475/5-4550 ILCS 475/5-7035 ILCS 200/Art. 10 Div. 23 heading new35 ILCS 200/10-1005 new35 ILCS 200/10-1010 new35 ILCS 200/10-1015 new35 ILCS 200/10-1020 new35 ILCS 200/10-1025 new35 ILCS 200/10-1030 new35 ILCS 200/10-1035 new35 ILCS 200/10-1040 new35 ILCS 200/10-1045 new35 ILCS 200/10-1050 new35 ILCS 200/10-1055 new35 ILCS 200/10-1060 new35 ILCS 200/10-1065 new35 ILCS 200/10-1070 new35 ILCS 200/10-1075 new35 ILCS 200/10-1080 new35 ILCS 200/10-1085 new35 ILCS 200/10-1090 new35 ILCS 200/10-1095 new35 ILCS 200/10-1096 new35 ILCS 200/10-1097 newAmends 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. 2/6/2026SenateFiled with Secretary by Sen. Bill Cunningham 2/6/2026SenateFirst Reading 2/6/2026SenateReferred to Assignments 2/24/2026SenateAssigned to Revenue 3/13/2026SenateRule 2-10 Committee Deadline Established As April 24, 2026