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IL SB3287
Bill
Status
Introduced
2/3/2026
Primary Sponsor
Ram Villivalam
Click for details
AI Summary
- Amends the Illinois Procurement Code to align 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 standards that differ by specific industry
- Replaces the fixed $14,000,000 annual sales cap for construction businesses with the SBA's industry-specific size standards
- 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
Rule 2-10 Committee Deadline Established As March 27, 2026
3/13/2026
Committee Referrals
Executive3/3/2026
Assignments2/3/2026
Full Bill Text
No bill text available