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IL HB3334
Bill
Status
2/7/2025
Primary Sponsor
Thaddeus Jones
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AI Summary
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Creates the HUBZone Center of Excellence Act, requiring the Department of Commerce and Economic Opportunity to establish a center supporting business development in Historically Underutilized Business Zones (HUBZones)
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Requires the Department to purchase or renovate a building of at least 3,000 square feet in a HUBZone, with office space for at least 10 employees, workshop facilities, and secure technology infrastructure
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Mandates hiring staff including a Director of Operations, RFP specialists, educators/trainers, and IT specialists, with the Center required to use artificial intelligence systems to facilitate proposals
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Establishes a 4-year operational plan targeting 182 proposals annually with a 20% win rate, followed by transition to partial self-sustainability through a fee-for-service model generating approximately $500,000 to offset costs
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Directs the Center to provide workshops and certifications in proposal writing and business strategy, create jobs in HUBZones, and empower minority-owned businesses
Legislative Description
HUBZONE CENTER FOR EXCELLENCE
Last Action
Rule 19(a) / Re-referred to Rules Committee
3/21/2025