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Fabio 5941153bb7 Legislation: batch B — IL IN KS KY LA MA MD ME MI MN 
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 17:27:20 -04:00

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type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags
type title description jurisdiction legislature session identifier citation classification subjects status primary_sponsors version_count action_count vote_count first_action last_action source source_identifier source_url source_hash vintage source_snapshot retrieved_at confidence tags
Bill DCEO-RURAL MICROBUSINESS LOANS Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Creates the Rural Microbusiness Loan Program to provide $250,000 per fiscal year in loans for the establishment or support of businesses that: (i) employ 5 or fewer employees; (ii) are located in rural counties with a population of 100,000 or less; and (iii) are based on the production, processing, or marketing of agricultural products, forest products, cottage and craft products, or tourism. Limits the total amount of loans made to any borrower to $25,000 per fiscal year. Requires the Department to adopt rules concerning the administration of the program and to create a competitive application procedure. Requires a borrower to provide a certain portion of the financing for the project. Limits the term of the loan to no more than 5 years. Contains provisions concerning the interest rate, security required for the loan, and other terms. Provides that all interest generated by the loans shall be deposited into the Rural Microbusiness Loan Program Administrative Fund, a special fund in the State treasury, for the purpose of paying expenses related to the administration of the Rural Microbusiness Loan Program. Amends the State Finance Act to create the Rural Microbusiness Loan Program Administrative Fund. Effective immediately. us/states/il Illinois General Assembly 94th SB 15 Illinois SB 15 (94th)
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3 49 2 2005-01-26 2005-08-01 openstates ocd-bill/bb427ad5-fac4-4d4c-b430-92bb3f729514 http://ilga.gov/legislation/BillStatus.asp?DocNum=15&GAID=8&DocTypeID=SB&LegId=14829&SessionID=50&GA=94 00467155cbd6a724d1cd013b6d3ee8e951e53a24ece09369a4bf75d584505b2d 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
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Illinois SB 15 (94th) — DCEO-RURAL MICROBUSINESS LOANS

Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Creates the Rural Microbusiness Loan Program to provide $250,000 per fiscal year in loans for the establishment or support of businesses that: (i) employ 5 or fewer employees; (ii) are located in rural counties with a population of 100,000 or less; and (iii) are based on the production, processing, or marketing of agricultural products, forest products, cottage and craft products, or tourism. Limits the total amount of loans made to any borrower to $25,000 per fiscal year. Requires the Department to adopt rules concerning the administration of the program and to create a competitive application procedure. Requires a borrower to provide a certain portion of the financing for the project. Limits the term of the loan to no more than 5 years. Contains provisions concerning the interest rate, security required for the loan, and other terms. Provides that all interest generated by the loans shall be deposited into the Rural Microbusiness Loan Program Administrative Fund, a special fund in the State treasury, for the purpose of paying expenses related to the administration of the Rural Microbusiness Loan Program. Amends the State Finance Act to create the Rural Microbusiness Loan Program Administrative Fund. Effective immediately.

Version chain

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

  1. Introduced (filed) — source
  2. Engrossed (committee substitute) — source
  3. Enrolled (enrolled) — source

Votes

  • Third Reading — 58–0 (pass) · upper
  • Third Reading — 112–3 (pass) · lower

Sponsors

  • Careen M Gordon — cosponsor (person)
  • Cynthia Soto — cosponsor (person)
  • Gary Hannig — cosponsor (person)
  • John M. Sullivan — primary (person)

Timeline

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

  • 2005-01-26 Filed with Secretary by Sen. John M. Sullivan filing
  • 2005-01-26 First Reading reading-1
  • 2005-01-26 Referred to Rules referral-committee
  • 2005-02-03 Assigned to Agriculture & Conservation referral-committee
  • 2005-02-16 Held in Agriculture & Conservation
  • 2005-02-17 Added as Chief Co-Sponsor Sen. Deanna Demuzio
  • 2005-02-24 Do Pass Agriculture & Conservation; 008-000-000 committee-passage
  • 2005-02-24 Placed on Calendar Order of 2nd Reading March 1, 2005
  • 2005-02-24 Fiscal Note Requested by Sen. Dale A. Righter
  • 2005-02-28 Added as Chief Co-Sponsor Sen. Jeffrey M. Schoenberg
  • 2005-03-03 Added as Co-Sponsor Sen. Martin A. Sandoval
  • 2005-03-03 Sponsor Removed Sen. Martin A. Sandoval
  • 2005-03-10 Fiscal Note Filed from the Illinois Department of Commerce and Economic Opportunity.
  • 2005-03-11 Added as Co-Sponsor Sen. Antonio Munoz
  • 2005-04-08 Senate Floor Amendment No. 1 Filed with Secretary by Sen. John M. Sullivan amendment-introduction
  • 2005-04-08 Senate Floor Amendment No. 1 Referred to Rules referral-committee
  • 2005-04-11 Added as Co-Sponsor Sen. Arthur J. Wilhelmi
  • 2005-04-11 Second Reading reading-2
  • 2005-04-11 Placed on Calendar Order of 3rd Reading April 12, 2005
  • 2005-04-11 Senate Floor Amendment No. 1 Rules Refers to Agriculture & Conservation
  • 2005-04-12 Senate Floor Amendment No. 1 Recommend Do Adopt Agriculture & Conservation; 007-000-000
  • 2005-04-14 Added as Chief Co-Sponsor Sen. Martin A. Sandoval
  • 2005-04-14 Recalled to Second Reading reading-2
  • 2005-04-14 Senate Floor Amendment No. 1 Adopted; J. Sullivan amendment-passage
  • 2005-04-14 Placed on Calendar Order of 3rd Reading
  • 2005-04-14 Third Reading - Passed; 058-000-000 reading-3, passage
  • 2005-04-14 Arrived in House introduction
  • 2005-04-14 Placed on Calendar Order of First Reading reading-1
  • 2005-04-14 Chief House Sponsor Rep. Robert F. Flider
  • 2005-04-14 First Reading reading-1
  • 2005-04-14 Referred to Rules Committee referral-committee
  • 2005-04-20 Assigned to International Trade & Commerce Committee referral-committee
  • 2005-04-27 Added Alternate Chief Co-Sponsor Rep. Daniel V. Beiser
  • 2005-04-27 Added Alternate Chief Co-Sponsor Rep. John E. Bradley
  • 2005-04-27 Do Pass / Short Debate International Trade & Commerce Committee; 013-000-000 committee-passage
  • 2005-04-28 Placed on Calendar 2nd Reading - Short Debate
  • 2005-04-28 Added Alternate Chief Co-Sponsor Rep. Kurt M. Granberg
  • 2005-05-03 Second Reading - Short Debate reading-2
  • 2005-05-03 Placed on Calendar Order of 3rd Reading - Short Debate
  • 2005-05-03 Added Alternate Chief Co-Sponsor Rep. Lisa M. Dugan
  • 2005-05-03 Added Alternate Co-Sponsor Rep. Gary Hannig
  • 2005-05-04 Added Alternate Co-Sponsor Rep. Careen M Gordon
  • 2005-05-04 Third Reading - Short Debate - Passed 112-003-000 reading-3, passage
  • 2005-05-04 Passed Both Houses
  • 2005-05-18 Added Alternate Co-Sponsor Rep. Cynthia Soto
  • 2005-06-02 Sent to the Governor executive-receipt
  • 2005-08-01 Governor Approved executive-signature
  • 2005-08-01 Effective Date August 1, 2005
  • 2005-08-01 Public Act . . . . . . . . . 94-0392 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/bb427ad5-fac4-4d4c-b430-92bb3f729514. Confidence: reported (aggregated from official Illinois legislature records).

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