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SB2982Introduced in the Senate

$DCEO-GRANT-EMPLOYEE OWNERS

IntroducedSenate Assignments

Introduced by Lakesia Collins, District 5

What does this bill do?

Plain-English breakdown

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Official description

Appropriates $700,000 from the General Revenue Fund to the Department of Commerce and Economic Opportunity for a grant to the Illinois Center for Employee Ownership for the purpose of expanding education, outreach, and technical assistance related to employee ownership transitions and supporting small businesses in evaluating and pursuing succession through employee ownership. Effective July 1, 2026.

Where it stands

Pursuant to Senate Rule 3-9(b) / Referred to Assignments

July 2, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

Bill history

  1. Filed with Secretary by Sen. Lakesia Collins

  2. First Reading

  3. Referred to Assignments

  4. Assigned to Appropriations

  5. Added as Co-Sponsor Sen. Emil Jones, III

  6. Added as Co-Sponsor Sen. Adriane L. Johnson

  7. Added as Co-Sponsor Sen. Bill Cunningham

  8. Added as Co-Sponsor Sen. Laura Fine

  9. Added as Co-Sponsor Sen. Cristina Castro

  10. Added as Co-Sponsor Sen. Jil Tracy

  11. Added as Co-Sponsor Sen. Seth Lewis

  12. Added as Co-Sponsor Sen. Mike Porfirio

  13. Added as Co-Sponsor Sen. Craig Wilcox

  14. Rule 2-10 Committee/3rd Reading Deadline Established As May 15, 2026

  15. Added as Co-Sponsor Sen. Sara Feigenholtz

  16. Added as Co-Sponsor Sen. Javier L. Cervantes

  17. Added as Co-Sponsor Sen. Chris Balkema

  18. Added as Co-Sponsor Sen. Rachel Ventura

  19. Added as Co-Sponsor Sen. Suzy Glowiak Hilton

  20. Added as Co-Sponsor Sen. Meg Loughran Cappel

  21. Added as Co-Sponsor Sen. Mattie Hunter

  22. Rule 2-10 Committee/3rd Reading Deadline Established As May 22, 2026

  23. Added as Co-Sponsor Sen. Laura M. Murphy

  24. Added as Co-Sponsor Sen. Ram Villivalam

  25. Pursuant to Senate Rule 3-9(b) / Referred to Assignments

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