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IL HB2368
Bill
Status
1/7/2025
Primary Sponsor
William Davis
Click for details
AI Summary
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Amends the Illinois Procurement Code to require each chief procurement officer to make the small business annual report available on their official website and issue a press release with an executive summary and link to the report.
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Modifies the Business Enterprise for Minorities, Women, and Persons with Disabilities Act to require the Council to post its annual report on its official website and issue a press release containing an executive summary and link to the report.
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Maintains existing small business set-aside requirements of 25-40% of annual construction contracts for state executive branch agencies.
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Preserves existing small business size standards including $13,000,000 annual sales limit for wholesale businesses, $8,000,000 for retail/service businesses, 250 employee limit for manufacturing, and $14,000,000 for construction businesses.
Legislative Description
STATE AGENCY REPORT
Last Action
Session Sine Die
1/7/2025