Jerry L. Mitchell
- Republican
Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Authorizes the Department of Commerce and Economic Opportunity to make participation loans to small businesses that are at least 51% owned and managed by one or more persons who are veterans for the purposes of promoting the creation of veteran-owned small businesses and promoting the creation of jobs within small businesses. Provides that a loan may not exceed $100,000 or 50% of the business project costs. Provides that a loan may be made only if, in the Department's judgment, the number of jobs to be created is reasonable in relation to the loan funds requested. Provides that a loan must be protected by security. Effective immediately.
Session Sine Die
Added as Alternate Co-Sponsor Sen. Linda Holmes
First Reading
Chief Senate Sponsor Sen. Tim Bivins
Placed on Calendar Order of First Reading
Arrive in Senate
Added Co-Sponsor Rep. Linda Chapa LaVia
Added Co-Sponsor Rep. Keith Farnham
Added Co-Sponsor Rep. Jack D. Franks
Third Reading - Short Debate - Passed 116-000-000
Added Co-Sponsor Rep. Robert W. Pritchard
Referred to Assignments
Second Reading - Short Debate
House Floor Amendment No. 1 Adopted by Voice Vote
Placed on Calendar Order of 3rd Reading - Short Debate
House Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 004-000-000
House Floor Amendment No. 1 Filed with Clerk by Rep. Jerry L. Mitchell
House Floor Amendment No. 1 Referred to Rules Committee
Placed on Calendar 2nd Reading - Short Debate
Do Pass / Short Debate State Government Administration Committee; 017-000-000
Assigned to State Government Administration Committee
Added Chief Co-Sponsor Rep. Timothy L. Schmitz
Added Chief Co-Sponsor Rep. Raymond Poe
Added Chief Co-Sponsor Rep. Dennis M. Reboletti
Added Co-Sponsor Rep. Randy Ramey, Jr.
Referred to Rules Committee
First Reading
Filed with the Clerk by Rep. Jerry L. Mitchell
Added Co-Sponsor Rep. Mike Bost
Added Chief Co-Sponsor Rep. Rich Brauer
Bill Text Versions | Format |
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Introduced | HTML |
Engrossed | HTML |
Document | Format |
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House Amendment 001 |
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