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IL HB5283
Bill
Status
Introduced
2/5/2026
Primary Sponsor
Justin Slaughter
Click for details
AI Summary
- Amends the Illinois Procurement Code to align state small business definitions with federal Small Business Administration (SBA) industry-specific size standards for manufacturing and construction businesses.
- Replaces the fixed 250-employee cap for manufacturing businesses with the SBA's variable size standard for each specific industry.
- Replaces the fixed $14,000,000 annual sales cap for construction businesses with the SBA's industry-specific size standard.
- Retains existing caps for wholesale businesses ($13,000,000 annual sales) and retail/service businesses ($8,000,000 annual sales and receipts).
- Takes effect immediately upon becoming law.
Legislative Description
PROCUREMENT-SMALL BUSINESS
Last Action
Assigned to State Government Administration Committee
3/12/2026
Committee Referrals
State Government Administration3/12/2026
Rules2/10/2026
Full Bill Text
No bill text available