SB 1900

  • Illinois Senate Bill
  • 104th Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Inclusive Venture Investment

Abstract

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.

Bill Sponsors (1)

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Feb 06, 2025

Senate

Filed with Secretary by Sen. Elgie R. Sims, Jr.

Senate

First Reading

Senate

Referred to Assignments

Bill Text

Bill Text Versions Format
Introduced HTML PDF

Related Documents

Document Format
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Sources

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