Bill Status of SB 1918   104th General Assembly

Short Description:  DCEO-SBIR/STTR GRANTS

Senate Sponsors
Sen. Adriane Johnson

Last Action  View All Actions

DateChamber Action
  3/21/2025SenateRule 3-9(a) / Re-referred to Assignments

Statutes Amended In Order of Appearance
20 ILCS 605/605-1055

Synopsis As Introduced
Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Provides that the Department of Commerce and Economic Opportunity may award grants to match the funds received by a business through an SBIR/STTR Phase I proposal up to a maximum of $75,000 (currently, $50,000). Provides that the Department of Commerce and Economic Opportunity may award grants to match the funds received by a business through an SBIR/STTR Phase II proposal up to a maximum of $250,000. Provides that 50% of the total Phase II grant shall be remitted to the business upon submission by the business of the Phase II final report to the federal funding agency. Provides that a business may receive only one such grant per year. Provides that, over its lifetime, a business may receive a maximum of 2 such awards.

Actions 
DateChamber Action
  2/6/2025SenateFiled with Secretary by Sen. Adriane Johnson
  2/6/2025SenateFirst Reading
  2/6/2025SenateReferred to Assignments
  3/4/2025SenateAssigned to Appropriations
  3/7/2025SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Adriane Johnson
  3/7/2025SenateSenate Committee Amendment No. 1 Referred to Assignments
  3/12/2025SenateSenate Committee Amendment No. 1 Assignments Refers to Appropriations
  3/21/2025SenateRule 3-9(a) / Re-referred to Assignments
  3/21/2025SenateSenate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments

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