$DCEO-GRANT-EMPLOYEE OWNERS

Introduced on 1/29/26

Version 1 Text

Summary

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From the Legislature

Appropriates $700,000 from the General Revenue Fund to the Department of Commerce and Economic Opportunity for a grant to the Illinois Center for Employee Ownership for the purpose of expanding education, outreach, and technical assistance related to employee ownership transitions and supporting small businesses in evaluating and pursuing succession through employee ownership. Effective July 1, 2026.

Sponsors

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Democratic CaucusRepublican Caucus