Illinois 93rd Regular Session Status: In Committee

HB 6705 — MINORITY FEMALE DISABLED LOANS

Last action — Session Sine Die

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  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 93rd Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Amends the Build Illinois Act. Increases the limit on loans to minority, female, or disabled small businesses from $50,000 or 50% of project costs to $750,000 or 50% of project costs.

Bill Text

How this bill changes current law

1 change Share ↗

Compared against the Illinois Compiled Statutes as published AI-generated reading aid — verify against the official bill.

The bill increases the maximum loan limit for minority, female, or disabled small businesses from $50,000 to $750,000.

  • 30 ILCS 750/9-4.3

    $50,000 or 50% of the business project costs → $750,000 or 50% of the business project costs

    The maximum loan amount for eligible small businesses is raised significantly.

Action History

  1. Session Sine Die

  2. Added Chief Co-Sponsor Rep. James H. Meyer

  3. Referred to Rules Committee

  4. First Reading

  5. Chief Co-Sponsor Rep. Angelo Saviano

  6. Filed with the Clerk by Rep. Patricia R. Bellock

Sponsors

  • Patricia R. Bellock · Cosponsor

Sponsorship breakdown

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0 sponsors · 1 co-sponsors · 182 not signed on

Sponsors (0)

None.

Co-sponsors (1)

  • Patricia R. Bellock

Not signed on (182)

182 members have not signed on to this bill.

Show all 182 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance labor
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does HB 6705 do?
Amends the Build Illinois Act. Increases the limit on loans to minority, female, or disabled small businesses from $50,000 or 50% of project costs to $750,000 or 50% of project costs.
Who sponsors HB 6705?
HB 6705 is sponsored by Patricia R. Bellock.
What is the current status of HB 6705?
This bill died with 93rd Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HB 6705?
Track HB 6705 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes 3 months ago · updated continuously

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