IllinoisSB2792104th General Assembly (2025–2026)Senate

SMALL BUSINESS INCENTIVES

Sponsored By: Laura M. Murphy (Democratic)

In Committee

Summary

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, 2027 shall be awarded to businesses with 50 or fewer full-time employees. Effective January 1, 2027.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Laura M. Murphy

    Democratic • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Rule 3-9(a) / Re-referred to Assignments

    5/22/2026Senate
  2. Rule 2-10 Committee/3rd Reading Deadline Established As May 22, 2026

    5/15/2026Senate
  3. Rule 2-10 Committee/3rd Reading Deadline Established As May 15, 2026

    4/24/2026Senate
  4. Rule 2-10 Committee Deadline Established As April 24, 2026

    3/13/2026Senate
  5. Assigned to Appropriations

    2/3/2026Senate
  6. Referred to Assignments

    1/13/2026Senate
  7. First Reading

    1/13/2026Senate
  8. Filed with Secretary by Sen. Laura M. Murphy

    1/13/2026Senate

Bill Text

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