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IL SB2810
Bill
Status
1/13/2026
Primary Sponsor
Mike Simmons
Click for details
AI Summary
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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
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Defines eligible businesses as independently-owned brick and mortar establishments with 25 or fewer full-time employees as of September 9, 2025
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Transfers $50,000,000 from the General Revenue Fund to a newly created Small Business Restoration Fund by July 1, 2026
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Creates the Small Business Restoration Fund in the State treasury, with moneys dedicated exclusively to grants under this program
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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