Bill Status of HB5624

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HB5624 - 104th General Assembly

$DCEO-GRANT-EMPLOYEE OWNERS
Last Action
2/13/2026 - House: Referred to Rules Committee
House Sponsors
Rep. Jawaharial Williams
Synopsis As Introduced
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.
Actions
Date Chamber Action
2/11/2026 House Filed with the Clerk by Rep. Jawaharial Williams
2/13/2026 House First Reading
2/13/2026 House Referred to Rules Committee