INCLUSIVE VENTURE INVESTMENT
- Introduced Feb 5, 2025
- In committee Feb 6, 2025
- Passed the House Next
- Passed the Senate
- To the governor
- Became law
What it does
The legislature's own summary of the bill, or its official long title.
Creates the Inclusive Venture Investment Act. Provides that the State Treasurer shall create a Direct Matching Funds Program. Provides that the purpose of the program shall be to leverage State-managed funds for investments in minority-owned venture capital firms, minority-owned financial managers, and minority-led startups. Sets forth provisions for investment requirements and incentives; administration; transparency and reporting; oversight and compliance; confidentiality; and rulemaking. Effective July 1, 2026.
Every action
7 steps, oldest first, as the legislature records them.
- HouseFiled with the Clerk by Rep. Maurice A. West, II
- HouseFirst Reading
- CommitteeReferred to Rules Committee · House Rules
- CommitteeAssigned to Executive Committee · House Executive
- CommitteeRule 19(a) / Re-referred to Rules Committee · House Rules
- CommitteeAssigned to Executive Committee · House Executive
- CommitteeRule 19(a) / Re-referred to Rules Committee · House Rules
Roll calls
No recorded votes on this bill yet.
Sponsors
The member who introduced it.
-
Maurice A. West, IID Primary sponsor · District 67
From Illinois's official records (www.ilga.gov), checked Nov 13, 2026. Text links go to the official versions; LegiList does not copy bill text.