Illinois 104th General Assembly Status: Introduced 6 D cosponsors

SB2005      — SMALL BUSINESS INCENTIVES

Last action — Rule 3-9(a) / Re-referred to Assignments

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

This bill has been introduced in the Senate. Introduced February 06, 2025. It must pass committee before a floor vote.

Next likely step: a committee referral and hearing.

Odds of enactment

Low chance

Based on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.

Upgrade to see the exact probability and what's driving it.

A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Not enough signal yet

Not enough signal yet to read this bill's trajectory — we surface a likelihood only once there's real movement (stage, sponsorship, committee, or votes) to point to.

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

Summary

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.

Bill Text

We don't have the full text on file for this bill yet.

Read SB2005 on the official Illinois source →

Action History

  1. Rule 3-9(a) / Re-referred to Assignments

  2. Rule 2-10 Committee/3rd Reading Deadline Established As June 1, 2025

  3. Rule 2-10 Committee/3rd Reading Deadline Established As May 23, 2025

  4. Rule 2-10 Committee Deadline Established As May 9, 2025

  5. Rule 2-10 Committee Deadline Established As April 11, 2025

  6. Added as Co-Sponsor Sen. Bill Cunningham

  7. Assigned to Appropriations

  8. Added as Co-Sponsor Sen. Laura Fine

  9. Added as Co-Sponsor Sen. Mattie Hunter

  10. Added as Co-Sponsor Sen. Adriane L. Johnson

  11. Added as Chief Co-Sponsor Sen. Willie Preston

  12. Referred to Assignments

  13. First Reading

  14. Filed with Secretary by Sen. Laura M. Murphy

Sponsors

Sponsorship breakdown

Export CSV (upgrade) →

1 sponsors · 5 co-sponsors · 177 not signed on

Sponsors (1)

Co-sponsors (5)

Not signed on (177)

177 members have not signed on to this bill.

Show all 177 →

"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 SB2005      do?
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.
Who sponsors SB2005     ?
SB2005      is sponsored by Laura M. Murphy (Democrat), Willie Preston (Democrat), Adriane L. Johnson (Democrat), Mattie Hunter (Democrat), Laura Fine (Democrat), and Bill Cunningham (Democrat).
What is the current status of SB2005     ?
This bill has been introduced in the Senate. Introduced February 06, 2025. It must pass committee before a floor vote.
Where can I track SB2005     ?
Track SB2005      free on One Click Politics — get push/email alerts when it moves.

Make your voice heard on SB2005     

Find the representatives who decide this bill and tell them where you stand — for yourself, or mobilize your whole list in one click with One Click Politics advocacy software.

Find my representatives → Run a campaign

Stay ahead of SB2005     

Last checked for changes about 2 months ago · updated continuously

One Click Politics tracks every bill in Congress and all 50 states.

Track this bill →