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HB 3655

Illinois - Session 104

House of Representatives in_committee 2026-02-17
Bill Details

Title: STATE CONTRACTS-SMALL BUSINESS

Summary

Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Provides that, subject to appropriation, the Department of Commerce and Economic Opportunity shall create a small business financing program to provide low-interest financing to small businesses that secure State contracts to assist with the fulfilment of those contracts. Amends the Illinois Procurement Code. Provides that the Department of Central Management Services shall, in consultation with State agencies, develop a scorecard for the assessment of bids from businesses that have annual gross sales of less than $15,000,000 as evidenced by the federal income tax return of the business. Makes changes in provisions concerning the advertisement of bids to small businesses.

Sponsor
William "Will"" Davis"
Official Source Back to Bills
Actions Timeline
Date Event Detail
2025-02-18 Introduced Bill introduced
2026-02-17 Status in_committee
2026-02-17 Latest Action 2/17/2026 - House:
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