# Illinois HB5264: DCEO-SMALL BUSINESS LOANS

Illinois HB5264, DCEO-SMALL BUSINESS LOANS, is a 104th General Assembly (2025–2026) House bill sponsored by no sponsor on record; status passed house, last action 2026-05-22 (Rule 3-9(a) / Re-referred to Assignments) (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/IL-HB5264-2025-2026
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Illinois HB5264
- State: Illinois
- Session: 104th General Assembly (2025–2026)
- Title: DCEO-SMALL BUSINESS LOANS
- Status: passed house
- Chamber: House
- Introduced: 2026-02-05
- Last action: 2026-05-22, Rule 3-9(a) / Re-referred to Assignments
- Sponsors: no sponsor on record
- Cosponsors: 2
- Subjects: economic opportunity & equity, assignments, appropriations
- Touches household money: no
- Roll calls: 3 (73 yes, 38 no in all)
- Economic provisions PRIA read: 0

## Summary

Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Provides that the Department of Commerce and Economic Opportunity shall establish a loan program to provide low interest loans to small businesses that have been negatively impacted by federal immigration enforcement. Provides that the Department may make those loans from the Federal Immigration Recovery Fund and may administer the program directly through the Fund or enter into agreements with banks, credit unions, nonprofit loan administrations, or community development financial institutions. Amends the State Finance Act to create the Federal Immigration Recovery Fund. Effective immediately.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Cosponsor: Elizabeth "Lisa" Hernandez (Democratic), House
- Cosponsor: Karina Villa (Democratic), Senate

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2026-04-17 | House | Third Reading - Short Debate - Passed | pass | 63 | 34 |   |
| 2026-04-15 | House | House Floor Amendment No. 1 Recommends Be Adopted Economic Opportunity & Equity Committee; | pass | 5 | 2 |   |
| 2026-03-25 | House | Do Pass / Short Debate Economic Opportunity & Equity Committee; | pass | 5 | 2 |   |

## Actions (24)

- 2026-05-22: Rule 3-9(a) / Re-referred to Assignments (Senate)
- 2026-05-15: Rule 2-10 Committee Deadline Established As May 22, 2026 (Senate)
- 2026-05-08: Rule 2-10 Committee Deadline Established As May 15, 2026 (Senate)
- 2026-04-28: Assigned to Appropriations (Senate)
- 2026-04-21: Referred to Assignments (Senate)
- 2026-04-21: First Reading (Senate)
- 2026-04-21: Chief Senate Sponsor Sen. Karina Villa (Senate)
- 2026-04-21: Placed on Calendar Order of First Reading (Senate)
- 2026-04-21: Arrive in Senate (Senate)
- 2026-04-17: Third Reading - Short Debate - Passed 063-034-000 (House)
- 2026-04-17: Placed on Calendar Order of 3rd Reading - Short Debate (House)
- 2026-04-17: House Floor Amendment No. 1 Adopted (House)
- 2026-04-15: House Floor Amendment No. 1 Recommends Be Adopted Economic Opportunity & Equity Committee; 005-002-000 (House)
- 2026-04-15: House Floor Amendment No. 1 Rules Refers to Economic Opportunity & Equity Committee (House)
- 2026-04-14: House Floor Amendment No. 1 Referred to Rules Committee (House)
- 2026-04-14: House Floor Amendment No. 1 Filed with Clerk by Rep. Elizabeth "Lisa" Hernandez (House)
- 2026-04-10: Held on Calendar Order of Second Reading - Short Debate (House)
- 2026-04-10: Second Reading - Short Debate (House)
- 2026-03-26: Placed on Calendar 2nd Reading - Short Debate (House)
- 2026-03-25: Do Pass / Short Debate Economic Opportunity & Equity Committee; 005-002-000 (House)
- 2026-03-18: Assigned to Economic Opportunity & Equity Committee (House)
- 2026-02-10: Referred to Rules Committee (House)
- 2026-02-10: First Reading (House)
- 2026-02-05: Filed with the Clerk by Rep. Elizabeth "Lisa" Hernandez (House)

## Bill text

- Engrossed: [PDF](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB5264eng.pdf)
- House Amendment 1: [PDF](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB5264ham001.pdf)
- Introduced: [PDF](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB5264.pdf)

## Related bills

- HB5198: AFFORDABLE HOUSING-CILAS (passed house)
- SB1937: PENSION CODE-VARIOUS (passed senate)
- HB2563: CONDO-RESERVE STUDY (in committee)
- HB4701: LIMITATIONS FACILITY FEES ACT (in committee)
- SB3008: DHS-ABLE PROGRAM INFO MATERIAL (passed senate)
- SB3484: VEH CD-PLATES-REGISTRATION (signed)

## Sources
- [Engrossed (PDF)](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB5264eng.pdf)
- [House Amendment 1 (PDF)](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB5264ham001.pdf)
- [Introduced (PDF)](https://www.ilga.gov/documents/legislation/104/HB/PDF/10400HB5264.pdf)

## Related
- [HB5198: AFFORDABLE HOUSING-CILAS](https://policyrisk.com/state-bill/IL-HB5198-2025-2026)
- [SB1937: PENSION CODE-VARIOUS](https://policyrisk.com/state-bill/IL-SB1937-2025-2026)
- [HB2563: CONDO-RESERVE STUDY](https://policyrisk.com/state-bill/IL-HB2563-2025-2026)
- [HB4701: LIMITATIONS FACILITY FEES ACT](https://policyrisk.com/state-bill/IL-HB4701-2025-2026)
- [SB3008: DHS-ABLE PROGRAM INFO MATERIAL](https://policyrisk.com/state-bill/IL-SB3008-2025-2026)
- [SB3484: VEH CD-PLATES-REGISTRATION](https://policyrisk.com/state-bill/IL-SB3484-2025-2026)
- [Illinois bills](https://policyrisk.com/states/illinois/bills)
- [Illinois state hub](https://policyrisk.com/states/illinois)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/IL-HB5264-2025-2026 (as of 2026-11-01).