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Neutral Bill Mar 16, 2026

$DCEO-GRANT-EMPLOYEE OWNERS

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.

https://legiscan.com/IL/bill/HB5624/2025
Bill data from LegiScan, used under CC BY 4.0.
Lakesia Collins State Senator Emil Jones State Senator Cosponsor Bill Cunningham State Senator Cosponsor Laura Fine State Senator Cosponsor Cristina Castro State Senator Cosponsor Jil Tracy State Senator Cosponsor Seth Lewis State Senator Cosponsor Mike Porfirio State Senator Cosponsor Craig Wilcox State Senator Cosponsor Sara Feigenholtz State Senator Cosponsor Javier Cervantes State Senator Cosponsor Chris Balkema State Senator Cosponsor Rachel Ventura State Senator Cosponsor Mattie Hunter State Senator Cosponsor Laura Murphy State Senator Cosponsor Ram Villivalam State Senator Cosponsor
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