---
type: "Bill"
title: "BUILD IL-MINORITY FEMALE LOANS"
description: "Amends the Build Illinois Act. Authorizes loans of up to $100,000 (now, $50,000) for minority, female, or disability small businesses."
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "95th"
identifier: "HB 1241"
citation: "Illinois HB 1241 (95th)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 3
action_count: 54
vote_count: 2
first_action: "2007-02-09"
last_action: "2007-08-13"
source: "openstates"
source_identifier: "ocd-bill/67b44c63-5043-4e37-8e6f-b05c7c70f1fa"
source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=1241&GAID=9&DocTypeID=HB&LegId=29997&SessionID=51&GA=95"
source_hash: "518b2506364f263cc61a71571361076e86510031aae7ac74f344318535f63d6d"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-il"]
---

# Illinois HB 1241 (95th) — BUILD IL-MINORITY FEMALE LOANS

Amends the Build Illinois Act. Authorizes loans of up to $100,000 (now, $50,000) for minority, female, or disability small businesses.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Introduced** (filed) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09500HB1241&GA=95&SessionId=51&DocTypeId=HB&LegID=29997&DocNum=1241&GAID=9&Session=&print=true)
2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09500HB1241eng&GA=95&SessionId=51&DocTypeId=HB&LegID=29997&DocNum=1241&GAID=9&Session=&print=true)
3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09500HB1241enr&GA=95&SessionId=51&DocTypeId=HB&LegID=29997&DocNum=1241&GAID=9&Session=&print=true)

## Votes

- Third Reading — **57–0** (pass) · upper
- Third Reading — **114–0** (pass) · lower

## Sponsors

- Raymond Poe — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2007-02-09** Filed with the Clerk by Rep. Raymond Poe `filing`
- **2007-02-09** Chief Co-Sponsor Rep. Aaron Schock
- **2007-02-15** First Reading `reading-1`
- **2007-02-15** Referred to Rules Committee `referral-committee`
- **2007-02-20** Assigned to State Government Administration Committee `referral-committee`
- **2007-03-01** Added Chief Co-Sponsor Rep. Lisa M. Dugan
- **2007-03-01** Do Pass / Short Debate State Government Administration Committee; 010-000-000 `committee-passage`
- **2007-03-02** Placed on Calendar 2nd Reading - Short Debate
- **2007-03-02** Added Co-Sponsor Rep. Elga L. Jefferies
- **2007-03-02** Added Co-Sponsor Rep. Harry Osterman
- **2007-03-02** Added Co-Sponsor Rep. Elaine Nekritz
- **2007-03-13** Second Reading - Short Debate `reading-2`
- **2007-03-13** Placed on Calendar Order of 3rd Reading - Short Debate
- **2007-03-15** Added Co-Sponsor Rep. Naomi D. Jakobsson
- **2007-03-22** Added Co-Sponsor Rep. Ruth Munson
- **2007-03-22** Added Co-Sponsor Rep. Donald L. Moffitt
- **2007-03-22** Added Co-Sponsor Rep. Jil Tracy
- **2007-03-22** Added Co-Sponsor Rep. Dan Brady
- **2007-03-22** Added Co-Sponsor Rep. Jim Sacia
- **2007-03-22** Added Co-Sponsor Rep. Jerry L. Mitchell
- **2007-03-22** Added Co-Sponsor Rep. Ronald A. Wait
- **2007-03-22** Added Co-Sponsor Rep. JoAnn D. Osmond
- **2007-03-22** Added Co-Sponsor Rep. Dennis M. Reboletti
- **2007-03-22** Added Co-Sponsor Rep. Patricia Reid Lindner
- **2007-03-22** Added Co-Sponsor Rep. Michael Tryon
- **2007-03-22** Third Reading - Short Debate - Passed 114-000-000 `reading-3, passage`
- **2007-03-22** Added Co-Sponsor Rep. Sandra M. Pihos
- **2007-03-22** Added Co-Sponsor Rep. Jack D. Franks
- **2007-03-22** Added Co-Sponsor Rep. Linda Chapa LaVia
- **2007-03-22** Added Co-Sponsor Rep. William B. Black
- **2007-03-22** Added Co-Sponsor Rep. LaShawn K. Ford
- **2007-03-22** Added Co-Sponsor Rep. Mary E. Flowers
- **2007-03-22** Added Co-Sponsor Rep. Rosemary Mulligan
- **2007-03-27** Arrive in Senate `introduction`
- **2007-03-27** Placed on Calendar Order of First Reading March 28, 2007 `reading-1`
- **2007-04-17** Added Co-Sponsor Rep. Mike Fortner
- **2007-04-17** Added Co-Sponsor Rep. Franco Coladipietro
- **2007-04-17** Added Co-Sponsor Rep. Brent Hassert
- **2007-04-19** Chief Senate Sponsor Sen. Jacqueline Y. Collins
- **2007-04-20** First Reading `reading-1`
- **2007-04-20** Referred to Rules `referral-committee`
- **2007-04-24** Added as Alternate Chief Co-Sponsor Sen. Pamela J. Althoff
- **2007-04-25** Assigned to State Government and Veterans Affairs `referral-committee`
- **2007-05-02** Do Pass State Government and Veterans Affairs; 009-000-000 `committee-passage`
- **2007-05-02** Placed on Calendar Order of 2nd Reading May 3, 2007
- **2007-05-03** Second Reading `reading-2`
- **2007-05-03** Placed on Calendar Order of 3rd Reading May 8, 2007
- **2007-05-08** Added as Alternate Chief Co-Sponsor Sen. Linda Holmes
- **2007-05-16** Third Reading - Passed; 057-000-000 `reading-3, passage`
- **2007-05-16** Passed Both Houses
- **2007-06-14** Sent to the Governor `executive-receipt`
- **2007-08-13** Governor Approved `executive-signature`
- **2007-08-13** Effective Date January 1, 2008
- **2007-08-13** Public Act . . . . . . . . . 95-0097 `became-law`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/67b44c63-5043-4e37-8e6f-b05c7c70f1fa`. Confidence: reported (aggregated from official Illinois legislature records).