Illinois 104th General Assembly Status: Introduced 1 D cosponsors

SB2792      — 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 January 13, 2026. 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.

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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.

In plain language

The bill requires half of state economic incentives to go to small businesses with 50 or fewer employees.

This legislation, effective from January 1, 2027, mandates that at least 50% of state-awarded economic incentives be allocated to small businesses that have 50 or fewer employees. This aims to support smaller enterprises in the state economy.

What this means for you
  • Small Business: This means that small businesses with 50 or fewer employees may have better access to state economic incentives.

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, 2027 shall be awarded to businesses with 50 or fewer full-time employees. Effective January 1, 2027.

Bill Text

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

Read SB2792 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 May 22, 2026

  3. Rule 2-10 Committee/3rd Reading Deadline Established As May 15, 2026

  4. Rule 2-10 Committee Deadline Established As April 24, 2026

  5. Assigned to Appropriations

  6. Referred to Assignments

  7. First Reading

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

Sponsors

Sponsorship breakdown

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

Sponsors (1)

Co-sponsors (0)

None.

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

taxation 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 SB2792      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, 2027 shall be awarded to businesses with 50 or fewer full-time employees. Effective January 1, 2027.
Who sponsors SB2792     ?
SB2792      is sponsored by Laura M. Murphy (Democrat).
What is the current status of SB2792     ?
This bill has been introduced in the Senate. Introduced January 13, 2026. It must pass committee before a floor vote.
Where can I track SB2792     ?
Track SB2792      free on One Click Politics — get push/email alerts when it moves.

Make your voice heard on SB2792     

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Stay ahead of SB2792     

Last checked for changes 3 months ago · updated continuously

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