summary
Introduced
02/06/2025
02/06/2025
In Committee
03/21/2025
03/21/2025
Crossed Over
Passed
Dead
Introduced Session
104th General Assembly
Bill Summary
Amends the Department of Employment Security Law of the Civil Administrative Code of Illinois. Provides that the Department of Employment Security shall create a self-employment assistance program to provide benefits to individuals who are working to start a business in the State and who are otherwise eligible to receive benefits under the Unemployment Insurance Act. Provides that a participant in the program shall be deemed to be actively engaged in seeking work as required under the Unemployment Insurance Act. Provides that benefits paid to a participant in the program are considered to be benefits paid under the Unemployment Insurance Act. Provides that the Department of Employment Security shall adopt rules to implement and administer the program.
AI Summary
This bill proposes to amend the Illinois Department of Employment Security Law by creating a new Self-Employment Assistance Program designed to support unemployed individuals who are actively working to start their own businesses. Under this program, eligible participants who are receiving unemployment benefits can continue to receive those benefits while dedicating their time to launching a new business venture. Participants will be considered to be actively seeking work, which is typically a requirement for maintaining unemployment benefits, and the benefits they receive will be treated as standard unemployment insurance payments. The Department of Employment Security will be responsible for developing and implementing the program's rules and guidelines, ensuring that individuals have a structured pathway to transition from unemployment to entrepreneurship. This initiative aims to encourage entrepreneurship and provide economic support to individuals looking to create their own jobs during periods of unemployment.
Committee Categories
Business and Industry
Sponsors (3)
Last Action
Rule 19(a) / Re-referred to Rules Committee (on 03/21/2025)
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3126&GAID=18&DocTypeID=HB&SessionID=114&GA=104 |
| BillText | https://www.ilga.gov/legislation/104/HB/10400HB3126.htm |
Loading...