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Bill > SB3437


IL SB3437

IL SB3437
DCEO-VARIOUS


summary

Introduced
02/04/2026
In Committee
02/04/2026
Crossed Over
Passed
Dead

Introduced Session

104th General Assembly

Bill Summary

Repeals the Opportunities for At-Risk Women Act. Amends the Illinois Council on Women and Girls Act. Provides that the Council on Women and Girls may create the Opportunities for At-Risk Women Subcommittee to research and analyze organizations that support at-risk women in the State. Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Provides that provisions requiring the Department of Commerce and Economic Opportunity's official website to contain a comprehensive list of State, local, and federal economic benefits available to businesses in each of the State's counties and municipalities are repealed on July 1, 2026. Provides that the following reports shall be filed on or before January 31 of each year (instead of January 1): a report on entrepreneurial assistance centers; reports on the Enterprise Zone Loan Fund and the Large Business Attraction Fund; and reports concerning cannabis social equity. Amends the Southeastern Illinois Economic Development Authority Act. Makes changes concerning the membership of the Board of the Southeastern Illinois Economic Development Authority. Amends the Illinois Income Tax Act. Extends the sunset for the apprenticeship education expense tax credit, the research and development tax credit, the angel investment tax credit, and the River Edge Redevelopment Zone tax credit. Effective immediately.

AI Summary

This bill repeals the Opportunities for At-Risk Women Act and makes several changes to existing Illinois laws. It allows the Illinois Council on Women and Girls to establish a subcommittee to research organizations supporting at-risk women, and it repeals a provision requiring the Department of Commerce and Economic Opportunity's (DCEO) website to list economic benefits for businesses by July 1, 2026. The bill also adjusts the deadline for several annual reports filed by the DCEO to January 31st, instead of January 1st, and modifies the membership of the Southeastern Illinois Economic Development Authority's Board. Additionally, it extends the sunset dates for several tax credits, including those for apprenticeship education expenses, research and development, angel investments, and River Edge Redevelopment Zones, meaning these credits will remain in effect for longer periods. The bill takes effect immediately upon becoming law.

Sponsors (1)

Last Action

Referred to Assignments (on 02/04/2026)

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