IL HB2833

Amends the Illinois Procurement Code to require that small business size standards for state procurement set-asides align with the U.S. Small Business Administration's Table of Small Business Size Standards

Removes current Illinois-specific caps on small business eligibility, including the $13 million annual sales limit for wholesale businesses, $8 million limit for retail/service businesses, 250-employee limit for manufacturers, and $14 million limit for construction businesses

Allows small business thresholds for employee counts and dollar volume to vary by industry based on federal SBA standards rather than fixed state limits

Takes effect immediately upon becoming law