summary
Introduced
02/03/2026
02/03/2026
In Committee
03/03/2026
03/03/2026
Crossed Over
Passed
Dead
Introduced Session
104th General Assembly
Bill Summary
Amends the Illinois Procurement Code. In provisions concerning small business set-asides, provides that (i) no manufacturing business is a small business if it employs more than the number of persons set forth in the small business size standard for its specific industry, as established by the United States Small Business Administration (currently, 250 persons); and (ii) no construction business is a small business if its annual sales and receipts exceed the small business size standard for its specific industry, as established by the United States Small Business Administration (currently, $14,000,000). Effective immediately.
AI Summary
This bill amends the Illinois Procurement Code to update the criteria for defining small businesses eligible for government contracts set aside for them. Specifically, it changes the definition for manufacturing businesses so they are no longer considered small businesses if they employ more people than the standard set by the U.S. Small Business Administration (SBA) for their industry, and it adjusts the definition for construction businesses so they are no longer considered small businesses if their annual sales and receipts exceed the SBA's established size standard for their specific industry. These changes aim to align Illinois's definition of small businesses with federal guidelines, ensuring that the set-aside program effectively supports smaller enterprises.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
Assigned to Executive (on 03/03/2026)
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