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<title>Illinois General Assembly - Bill Status for SB 2791         </title>
<shortdesc>SMALL BUSINESS INCENTIVES</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Laura M. Murphy, Laura Fine, Mary Edly-Allen, Bill Cunningham, Cristina Castro, Christopher Belt, Michael W. Halpin, Meg Loughran Cappel, Javier L. Cervantes, Mike Porfirio, Patrick J. Joyce, Mike Simmons, Ram Villivalam and Adriane Johnson</sponsors>
</sponsor>
<lastaction>
<statusdate>1/7/2025</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>New Act</reference><aliasreference></aliasreference><SynopsisText>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, 2025 shall be awarded to businesses with 50 or fewer full-time employees. Effective January 1, 2025.</SynopsisText></synopsis>
<actions>
<statusdate>1/17/2024</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Laura M. Murphy</action>
<statusdate>1/17/2024</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>1/17/2024</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>1/23/2024</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Laura Fine</action>
<statusdate>1/30/2024</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Mary Edly-Allen</action>
<statusdate>1/31/2024</statusdate><chamber>Senate</chamber><action>Assigned to Appropriations</action>
<statusdate>2/21/2024</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Bill Cunningham</action>
<statusdate>2/27/2024</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Cristina Castro</action>
<statusdate>2/28/2024</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Christopher Belt</action>
<statusdate>2/29/2024</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Michael W. Halpin</action>
<statusdate>3/4/2024</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Meg Loughran Cappel</action>
<statusdate>3/5/2024</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Javier L. Cervantes</action>
<statusdate>3/5/2024</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Mike Porfirio</action>
<statusdate>3/5/2024</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Patrick J. Joyce</action>
<statusdate>3/7/2024</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Mike Simmons</action>
<statusdate>3/15/2024</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As April 5, 2024</action>
<statusdate>3/22/2024</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Ram Villivalam</action>
<statusdate>4/5/2024</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As May 3, 2024</action>
<statusdate>5/3/2024</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee/3rd Reading Deadline Established As May 17, 2024</action>
<statusdate>5/17/2024</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>9/30/2024</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Adriane Johnson</action>
<statusdate>1/7/2025</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

