Carol Ammons
- Democratic
- Representative
- District 103
Primary
Amends the Build Illinois Act. Provides that the amount of small business loans made to minority persons, veterans, females, or persons with a disability under the Act shall not exceed $2,000,000 (rather than $400,000) or 50% of the business project costs unless the Director of Commerce and Economic Development determines that a waiver of these limits is required to meet the purposes of the Act. Provides that eligible projects under those provisions include refinancing current debt if the loan will refinance a loan previously made by a lender that is unaffiliated with the financial intermediary making the new loan and the proceeds of the refinance transaction are not used to finance an extraordinary dividend or other distribution.
Added as Alternate Co-Sponsor Sen. Natalie Toro
Placed on Calendar Order of 3rd Reading November 12, 2024
Approved for Consideration Assignments
Pursuant to Senate Rule 3-9(b) / Referred to Assignments
Rule 2-10 Third Reading Deadline Established As May 26, 2024
Rule 2-10 Third Reading Deadline Established As May 25, 2024
Rule 2-10 Third Reading/Passage Deadline Established As May 24, 2024
Placed on Calendar Order of 3rd Reading May 17, 2024
Second Reading
Senate Committee Amendment No. 1 Referred to Assignments
Placed on Calendar Order of 2nd Reading May 16, 2024
Do Pass as Amended Executive; 007-004-000
Senate Committee Amendment No. 1 Adopted
Senate Committee Amendment No. 1 Assignments Refers to Executive
Senate Committee Amendment No. 1 Filed with Secretary by Sen. Don Harmon
Alternate Chief Sponsor Changed to Sen. Don Harmon
Rule 2-10 Committee Deadline Established As May 17, 2024
Rule 2-10 Committee Deadline Established As May 10, 2024
Assigned to Executive
Placed on Calendar Order of First Reading
Arrive in Senate
Chief Senate Sponsor Sen. Celina Villanueva
First Reading
Referred to Assignments
Added Co-Sponsor Rep. Dagmara Avelar
Third Reading - Short Debate - Passed 104-000-000
Placed on Calendar Order of 3rd Reading - Short Debate
Chief Co-Sponsor Changed to Rep. Kam Buckner
Added Chief Co-Sponsor Rep. Kam Buckner
Second Reading - Short Debate
Held on Calendar Order of Second Reading - Short Debate
Added Co-Sponsor Rep. Jennifer Sanalitro
Added Co-Sponsor Rep. Janet Yang Rohr
Added Co-Sponsor Rep. Suzanne M. Ness
Added Chief Co-Sponsor Rep. Jay Hoffman
Added Chief Co-Sponsor Rep. Edgar González, Jr.
Added Co-Sponsor Rep. Blaine Wilhour
Added Chief Co-Sponsor Rep. Anne Stava-Murray
Added Co-Sponsor Rep. Lilian Jiménez
Do Pass / Short Debate Small Business, Tech Innovation, and Entrepreneurship Committee; 012-000-000
Placed on Calendar 2nd Reading - Short Debate
Assigned to Small Business, Tech Innovation, and Entrepreneurship Committee
First Reading
Filed with the Clerk by Rep. Carol Ammons
Referred to Rules Committee
| Bill Text Versions | Format |
|---|---|
| Introduced | HTML PDF |
| Engrossed | HTML PDF |
| Senate Amendment 001 | HTML PDF |
| Document | Format |
|---|---|
| No related documents. |
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