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IL HR0055

Resolution

Official Source

Status

Passed

4/28/2021

Primary Sponsor

Camille Lilly

Click for details

Origin

House of Representatives

102nd General Assembly

AI Summary

  • Declares August 2021 as Black Business Month in the State of Illinois
  • Acknowledges African American communities' history of entrepreneurship and the existence of over two million Black-owned businesses in the United States
  • Recognizes historical and ongoing systemic racism targeting Black businesses through government policy, including stolen land, destroyed property, and loss of capital
  • Notes current challenges facing African American entrepreneurs including lack of access to capital sources, steering by financial institutions, exclusion from venture capital, and pandemic-related hardships
  • Commits the Illinois House to providing equal opportunity for Black entrepreneurs and African American-owned businesses and to eliminating business redlining and discriminatory practices

Legislative Description

BLACK BUSINESS MONTH

Last Action

Added Co-Sponsor Rep. Debbie Meyers-Martin

4/28/2021

Committee Referrals

State Government Administration3/16/2021
Rules2/10/2021

Full Bill Text

No bill text available