MIKE TRYON ON JOB CREATION
Rep. Tryon has sponsored many bills during his time in the Illinois House that promote free enterprise, encourage small business, and cut the red tape that strangles companies that try to do business in Illinois. He is a three-time winner of the Illinois Chamber of Commerce “Champion of Free Enterprise” award and has received a perfect score from the Illinois Policy Institute for his voting record of support for fiscal responsibility, job creation and free enterprise.
This last year, Rep. Tryon was a strong and vocal supporter of the following pro-jobs bills:
- HB2230: Would reduce the cost of starting a small business by reducing the cost of setting up an LLC by 50%
- HB2892: Would eliminate job-killing administrative policies by creating a panel that would bundle together old, obsolete rules and submit them to the General Assembly so they could be removed from the books
- HB2891: Would make Research and Development tax credits permanent and add biodiesel and ethanol research as qualifying R&D activities
- HB107: Would enact stronger workers’ compensation reform which would establish a standard for ensuring that injuries were a result of on-the-job activity before benefits would be distributed
- HB138: Would restore fairness to the Illinois court system by keeping out of state lawsuits with no connection to Illinois employers from being filed
- HB153: Would curb the practice of double-dipping, where plaintiffs are compensated multiple times from the same defendant for the said claim or suit
- HB2890: Would roll back the 2011 income tax increase to the pre-2011 level
Rep. Tryon, who received his college degree in Environmental Science and has a proven record for environmental protection, voted in favor of the Illinois Fracking Bill, which includes the strictest regulations in the country. That new law has the potential to bring 45,000 new jobs to Illinois.
In the 97th General Assembly, Rep. Tryon was the Chief Sponsor of the Job Creation Finance Act. This bill would have allowed municipalities to negotiate incentives based on the number of specific jobs a project would create. The more jobs created, the higher the incentives would be until seven different tax liabilities could be reduced. It also would have required accountability with the Illinois Department of Revenue, which would have had to audit those jobs every three years. The incentives would retire after 15 years. This would have been available for use only in counties where the unemployment rate was higher than 6.5%. The bill was stuck in the Rules Committee and died at the end of the 97th General Assembly. However, there is renewed interest in the concept of this legislation, and Rep. Tryon will be re-filing a similar bill.