Bill Title: Creates the Inclusive Venture Investment Act. Provides that the State Treasurer shall create a Direct Matching Funds Program. Provides that the purpose of the program shall be to leverage State-managed funds for investments in minority-owned venture capital firms, minority-owned financial managers, and minority-led startups. Sets forth provisions for investment requirements and incentives; administration; transparency and reporting; oversight and compliance; confidentiality; and rulemaking. Effective July 1, 2026.
Sponsorship: Partisan Bill (Democrat 1)
Status: (Introduced - Dead) 2026-03-27 - Rule 19(a) / Re-referred to Rules Committee
[HB2937 Detail]
Bill Drafts
| Revision | Date | Format | Source | View |
| Introduced | 2025-02-05 | HTML/Text | Link | View |
Amendments
| Amendment | Date | Disposition | Format | Source | View |
| No bill amendments currently on file for Illinois HB2937 |
Supplemental Documents
| Title | Description | Date | Format | Source | View |
| No supplemental documents for Illinois HB2937 currently on file. |