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Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Provides that, subject to appropriation, the Department of Commerce and Economic Opportunity shall create a small business financing program to provide low-interest financing to small businesses that secure State contracts to assist with the fulfilment of those contracts. Amends the Illinois Procurement Code. Provides that the Department of Central Management Services shall, in consultation with State agencies, develop a scorecard for the assessment of bids from businesses that have annual gross sales of less than $15,000,000 as evidenced by the federal income tax return of the business. Makes changes in provisions concerning the advertisement of bids to small businesses.
Introduced
Feb 7, 2025
Last Action
Jun 2, 2025
Session
IL 104th
Sponsors
1 primary · 5 co
Rule 3-9(a) / Re-referred to Assignments
Rule 2-10 Committee/3rd Reading Deadline Established As June 1, 2025
Rule 2-10 Committee/3rd Reading Deadline Established As May 23, 2025
Rule 2-10 Committee Deadline Established As May 9, 2025
Rule 2-10 Committee Deadline Established As April 11, 2025
Added as Co-Sponsor Sen. Laura M. Murphy
Added as Co-Sponsor Sen. Bill Cunningham
Assigned to Appropriations
Added as Co-Sponsor Sen. Laura Fine
Added as Chief Co-Sponsor Sen. Willie Preston
Added as Co-Sponsor Sen. Mattie Hunter
Filed with Secretary by Sen. Adriane Johnson
Referred to Assignments
First Reading
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Rule 3-9(a) / Re-referred to Assignments