Bill Sponsors: IL SB2791 | 2023-2024 | 103rd General Assembly

Bill Title: Creates the Small Business Economic Incentive Act. Provides that at least 50% of the dollar value of all economic incentives awarded to businesses by the State or by any State agency on or after January 1, 2025 shall be awarded to businesses with 50 or fewer full-time employees. Effective January 1, 2025.

Spectrum: Partisan Bill (Democrat 13-0)

Status: (Introduced) 2024-05-17 - Rule 3-9(a) / Re-referred to Assignments [SB2791 Detail]

Text: Latest bill text (Introduced) [HTML]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Senator Laura Murphy [D]PrimarySponsored BillsSD-028FollowTheMoneyBallotpediaVoteSmart
Senator Laura Fine [D]CosponsorSponsored BillsSD-009FollowTheMoneyBallotpediaVoteSmart
Senator Mary Edly-Allen [D]CosponsorSponsored BillsSD-031FollowTheMoneyBallotpediaVoteSmart
Senator William Cunningham [D]CosponsorSponsored BillsSD-018FollowTheMoneyBallotpediaVoteSmart
Senator Cristina Castro [D]CosponsorSponsored BillsSD-022FollowTheMoneyBallotpediaVoteSmart
Senator Christopher Belt [D]CosponsorSponsored BillsSD-057FollowTheMoneyBallotpediaVoteSmart
Senator Michael Halpin [D]CosponsorSponsored BillsSD-036FollowTheMoneyBallotpediaVoteSmart
Senator Meg Loughran Cappel [D]CosponsorSponsored BillsSD-049FollowTheMoneyBallotpediaVoteSmart
Senator Javier Cervantes [D]CosponsorSponsored BillsSD-001FollowTheMoneyBallotpediaVoteSmart
Senator Mike Porfirio [D]CosponsorSponsored BillsSD-011FollowTheMoneyBallotpediaVoteSmart
Senator Patrick Joyce [D]CosponsorSponsored BillsSD-040FollowTheMoneyBallotpediaVoteSmart
Senator Mike Simmons [D]CosponsorSponsored BillsSD-007N/ABallotpediaVoteSmart
Senator Ram Villivalam [D]CosponsorSponsored BillsSD-008FollowTheMoneyBallotpediaVoteSmart

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