SB3474

DCEO-SMALL BUSINESS GRANT

Introduced·2/5/26
Introduced Text

Illinois SB3474 establishes a Small Business Grant Program for eligible businesses with 25 or fewer W-2 employees.

Illinois SB3474 amends the Department of Commerce and Economic Opportunity Law to create a Small Business Grant Program. This program will provide grants to independently owned businesses with 25 or fewer W-2 employees operating a brick-and-mortar location in the state. Non-profit organizations are not eligible for these grants.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
Assignments Committee
Next
Committee decision

Sponsors

D
1
0
Democratic CaucusRepublican Caucus

History

May 22

Senate

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

May 15

Senate

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

Apr 24

Senate

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