SB3614

SMALL BUSINESS ASSET ACCT

Introduced·2/5/26
Introduced Text

Illinois SB3614 creates a Small Business Asset Account Program for certain veterans.

Illinois SB3614 establishes a Small Business Asset Account Program to provide financial assistance to eligible veterans for starting or expanding a small business. The program aims to help veterans with specific service-related disabilities or those who are unemployed or underemployed. The bill outlines the criteria for eligibility and the process for applying for the program.

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
1
R
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