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IL SB2810

Bill

Status

Introduced

1/13/2026

Primary Sponsor

Mike Simmons

Click for details

Origin

Senate

104th General Assembly

AI Summary

  • Establishes a Small Business Restoration Grant Program administered by the Department of Commerce and Economic Opportunity to assist Illinois small businesses affected by ICE actions during Operation Midway Blitz

  • Defines eligible businesses as independently-owned brick and mortar establishments with 25 or fewer full-time employees as of September 9, 2025

  • Transfers $50,000,000 from the General Revenue Fund to a newly created Small Business Restoration Fund by July 1, 2026

  • Creates the Small Business Restoration Fund in the State treasury, with moneys dedicated exclusively to grants under this program

  • Takes effect immediately upon becoming law

Legislative Description

DCEO-SMALL BUSINESS GRANT

Last Action

Rule 2-10 Committee Deadline Established As April 24, 2026

3/13/2026

Committee Referrals

Appropriations2/3/2026
Assignments1/13/2026

Full Bill Text

No bill text available