Governor JB Pritzker Signs Public Act 103 Expanding Illinois Quantum Computing and Biotech Tax Credits

SPRINGFIELD, Ill. — Governor JB Pritzker signed Public Act 103 into law on Monday, establishing a comprehensive $500 million quantum technology and biotechnology incentive package designed to secure Illinois's position as the leading global center for commercial quantum computing, cryogenic engineering, and advanced semiconductor packaging.

The legislation, approved with overwhelming bipartisan support during the spring legislative session, authorizes the Department of Commerce and Economic Opportunity (DCEO) to disburse performance-based capital grants, equipment sales-tax exemptions, and research-and-development tax credits for firms locating at the 128-acre Illinois Quantum and Microelectronics Park (IQMP) on the former USX South Works site on Chicago's South Side.

Building the Silicon Prairie Quantum Superhub Governor Pritzker highlighted that Illinois is already home to two Department of Energy national laboratories—Argonne National Laboratory and Fermi National Accelerator Laboratory—alongside the University of Illinois Urbana-Champaign and the University of Chicago, which together lead national quantum research consortia.

"The future of quantum computing is being built right here in Illinois," Governor Pritzker said at a signing ceremony at the Polsky Center for Entrepreneurship in Chicago. "Quantum technology will revolutionize everything from drug discovery and financial modeling to national cybersecurity and battery chemistry. Public Act 103 ensures that Illinois will not only develop the breakthrough science, but commercialize the technologies and create thousands of high-wage jobs for generations to come."

Anchor Corporate and Defense Commitments The quantum campus has already secured binding commitments from PsiQuantum and DARPA to construct the world's first commercial, fault-tolerant, utility-scale quantum computer, supported by dedicated closed-loop liquid helium cryogenic facilities.

The legislation also establishes a $40 million workforce development partnership with City Colleges of Chicago and Illinois community colleges to train technicians, cleanroom operators, and precision cryogenic assemblers from surrounding South and West Side neighborhoods.

Civic leaders and high-tech industry executives commended the visionary industrial policy, projecting that the quantum cluster will generate over $20 billion in economic output across the Midwest over the next decade.