<?xml version='1.0' encoding='UTF-8'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 5624</title>
<shortdesc>$DCEO-GRANT-EMPLOYEE OWNERS</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Jawaharial Williams</sponsors>
</sponsor>
<lastaction>
<statusdate>2/13/2026</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<SynopsisText>     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.</SynopsisText></synopsis>
<actions>
<statusdate>2/11/2026</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Jawaharial Williams</action>
<statusdate>2/13/2026</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/13/2026</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
</actions>
</xml>
