Bill Title: Creates the Small Business Economic Incentive Act. Provides that at least 50% of the dollar value of all economic incentives awarded to businesses by the State or by any State agency on or after January 1, 2026 shall be awarded to businesses with 50 or fewer full-time employees. Effective January 1, 2026.

Sponsorship: Bipartisan Bill

Status: (Introduced - Dead) 2025-03-21 - Rule 19(a) / Re-referred to Rules Committee [HB1372 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2025-01-15	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois HB1372

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois HB1372 currently on file.