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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-MICROLOAN PROGRAM Creates the Microloan Program Act. Authorizes the Director of Commerce and Economic Opportunity to (i) make loans to eligible intermediaries for the purpose of making short-term, fixed rate loans to certain business concerns, (ii) make grants to those intermediaries to provide marketing, management, and technical assistance to small business concerns, and (iii) make grants to non-profit entities for the purpose of providing marketing, management, and technical assistance to low-income individuals under certain circumstances. Specifies criteria that eligible intermediaries must satisfy. Sets forth requirements for loans made to intermediaries; marketing, management, and technical assistance grants to intermediaries; private sector borrowing technical assistance grants; and loans to small business concerns from eligible intermediaries. Requires the Department to file certain reports with the General Assembly. Amends the State Finance Act to create the Business Loan and Investment Fund as a special fund in the State treasury. Authorizes the Department, subject to appropriation, to use the moneys in the Fund to carry out the purposes of the Microloan Program Act. us/states/il Illinois General Assembly 96th HB 5420 Illinois HB 5420 (96th)
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3 126 3 2010-02-04 2011-01-25 openstates ocd-bill/c9774ed1-b0e5-460b-a4b4-b127cffa707d http://ilga.gov/legislation/BillStatus.asp?DocNum=5420&GAID=10&DocTypeID=HB&LegId=50456&SessionID=76&GA=96 7df8dc9ce1a1f2715daa3e748dde89798db9c942fffb18d648bcdf4174468e35 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
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Illinois HB 5420 (96th) — DCEO-MICROLOAN PROGRAM

Creates the Microloan Program Act. Authorizes the Director of Commerce and Economic Opportunity to (i) make loans to eligible intermediaries for the purpose of making short-term, fixed rate loans to certain business concerns, (ii) make grants to those intermediaries to provide marketing, management, and technical assistance to small business concerns, and (iii) make grants to non-profit entities for the purpose of providing marketing, management, and technical assistance to low-income individuals under certain circumstances. Specifies criteria that eligible intermediaries must satisfy. Sets forth requirements for loans made to intermediaries; marketing, management, and technical assistance grants to intermediaries; private sector borrowing technical assistance grants; and loans to small business concerns from eligible intermediaries. Requires the Department to file certain reports with the General Assembly. Amends the State Finance Act to create the Business Loan and Investment Fund as a special fund in the State treasury. Authorizes the Department, subject to appropriation, to use the moneys in the Fund to carry out the purposes of the Microloan Program Act.

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

  • Concurrence — 1114 (pass) · lower
  • Third Reading — 580 (pass) · upper
  • Third Reading — 6740 (pass) · lower

Sponsors

  • Barbara Flynn Currie — primary (person)
  • Ira I. Silverstein — cosponsor (person)
  • Jacqueline Y. Collins — cosponsor (person)
  • Kirk W. Dillard — cosponsor (person)
  • M. Maggie Crotty — cosponsor (person)
  • Mattie Hunter — cosponsor (person)
  • Toi W. Hutchinson — cosponsor (person)

Timeline

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

  • 2010-02-04 Filed with the Clerk by Rep. Deborah Mell filing
  • 2010-02-05 First Reading reading-1
  • 2010-02-05 Referred to Rules Committee referral-committee
  • 2010-02-10 Added Chief Co-Sponsor Rep. Eddie Lee Jackson, Sr.
  • 2010-02-10 Added Co-Sponsor Rep. Charles E. Jefferson
  • 2010-02-10 Added Co-Sponsor Rep. Eddie Washington
  • 2010-02-10 Added Co-Sponsor Rep. Michael J. Zalewski
  • 2010-02-10 Added Co-Sponsor Rep. Naomi D. Jakobsson
  • 2010-02-10 Added Co-Sponsor Rep. Lisa M. Dugan
  • 2010-02-11 Added Co-Sponsor Rep. Maria Antonia Berrios
  • 2010-02-11 Added Co-Sponsor Rep. Karen May
  • 2010-02-11 Added Co-Sponsor Rep. Esther Golar
  • 2010-02-11 Added Co-Sponsor Rep. Jehan A. Gordon
  • 2010-02-11 Added Co-Sponsor Rep. Michael K. Smith
  • 2010-02-11 Added Co-Sponsor Rep. Harry Osterman
  • 2010-02-11 Added Co-Sponsor Rep. Lou Lang
  • 2010-02-16 Assigned to International Trade & Commerce Committee referral-committee
  • 2010-02-17 Added Co-Sponsor Rep. Jack McGuire
  • 2010-02-17 Added Co-Sponsor Rep. John A. Fritchey
  • 2010-03-10 Do Pass / Short Debate International Trade & Commerce Committee; 010-001-000 committee-passage
  • 2010-03-10 Placed on Calendar 2nd Reading - Short Debate
  • 2010-03-25 Second Reading - Short Debate reading-2
  • 2010-03-25 Placed on Calendar Order of 3rd Reading - Short Debate
  • 2010-03-26 Third Reading - Short Debate - Passed 067-040-000 reading-3, passage
  • 2010-04-06 Arrive in Senate introduction
  • 2010-04-06 Placed on Calendar Order of First Reading reading-1
  • 2010-04-06 Chief Senate Sponsor Sen. Jacqueline Y. Collins
  • 2010-04-06 Added as Alternate Chief Co-Sponsor Sen. Iris Y. Martinez
  • 2010-04-06 First Reading reading-1
  • 2010-04-06 Referred to Assignments referral-committee
  • 2010-04-06 Assigned to Financial Institutions referral-committee
  • 2010-04-13 Alternate Chief Sponsor Changed to Sen. Iris Y. Martinez
  • 2010-04-13 Alternate Chief Co-Sponsor Changed to Sen. Jacqueline Y. Collins
  • 2010-04-15 Postponed - Financial Institutions
  • 2010-04-22 Postponed - Financial Institutions
  • 2010-04-23 Rule 2-10 Committee Deadline Established As May 7, 2010
  • 2010-04-29 Postponed - Financial Institutions
  • 2010-05-07 Rule 3-9(a) / Re-referred to Assignments referral-committee
  • 2010-11-18 Re-referred to Executive referral-committee
  • 2010-11-18 Rule 2-10 Committee/3rd Reading Deadline Established As January 11, 2011
  • 2010-11-19 Alternate Chief Sponsor Changed to Sen. John J. Cullerton
  • 2010-11-29 Senate Committee Amendment No. 1 Filed with Secretary by Sen. John J. Cullerton amendment-introduction
  • 2010-11-29 Senate Committee Amendment No. 1 Referred to Assignments referral-committee
  • 2010-11-29 Senate Committee Amendment No. 1 Assignments Refers to Executive
  • 2010-11-30 Senate Committee Amendment No. 1 Adopted amendment-passage
  • 2010-11-30 Do Pass as Amended Executive; 009-001-000 committee-passage
  • 2010-11-30 Placed on Calendar Order of 2nd Reading December 1, 2010
  • 2010-12-02 Second Reading reading-2
  • 2010-12-02 Placed on Calendar Order of 3rd Reading January 4, 2011
  • 2011-01-02 Pursuant to Senate Rule 3-9(b) / Referred to Assignments referral-committee
  • 2011-01-04 Approved for Consideration Assignments
  • 2011-01-04 Placed on Calendar Order of 3rd Reading January 5, 2011
  • 2011-01-05 Alternate Chief Sponsor Changed to Sen. Heather Steans
  • 2011-01-05 Added as Alternate Chief Co-Sponsor Sen. Dale A. Righter
  • 2011-01-05 Senate Floor Amendment No. 2 Filed with Secretary by Sen. Heather Steans; -Righter-Althoff amendment-introduction
  • 2011-01-05 Senate Floor Amendment No. 2 Referred to Assignments referral-committee
  • 2011-01-05 Senate Floor Amendment No. 3 Filed with Secretary by Sen. Carole Pankau amendment-introduction
  • 2011-01-05 Senate Floor Amendment No. 3 Referred to Assignments referral-committee
  • 2011-01-05 Senate Floor Amendment No. 2 Assignments Refers to Special Committee on Medicaid Reform
  • 2011-01-05 Added as Alternate Chief Co-Sponsor Sen. Pamela J. Althoff
  • 2011-01-05 Added as Alternate Chief Co-Sponsor Sen. David Koehler
  • 2011-01-05 Senate Floor Amendment No. 2 Recommend Do Adopt Special Committee on Medicaid Reform; 006-000-000
  • 2011-01-05 Added as Alternate Chief Co-Sponsor Sen. Donne E. Trotter
  • 2011-01-05 Sponsor Removed Sen. Jacqueline Y. Collins
  • 2011-01-05 Added as Alternate Co-Sponsor Sen. Jacqueline Y. Collins
  • 2011-01-05 Added as Alternate Co-Sponsor Sen. Ira I. Silverstein
  • 2011-01-05 Added as Alternate Co-Sponsor Sen. Kirk W. Dillard
  • 2011-01-05 Added as Alternate Co-Sponsor Sen. M. Maggie Crotty
  • 2011-01-05 Added as Alternate Co-Sponsor Sen. Toi W. Hutchinson
  • 2011-01-05 Recalled to Second Reading reading-2
  • 2011-01-05 Senate Floor Amendment No. 2 Adopted; Steans-Righter-Althoff amendment-passage
  • 2011-01-05 Placed on Calendar Order of 3rd Reading
  • 2011-01-05 Third Reading - Passed; 058-000-001 reading-3, passage
  • 2011-01-05 Senate Floor Amendment No. 3 Tabled Pursuant to Rule 5-4(a) amendment-failure
  • 2011-01-06 Added as Alternate Co-Sponsor Sen. Mattie Hunter
  • 2011-01-06 Arrived in House introduction
  • 2011-01-06 Placed on Calendar Order of Concurrence Senate Amendment(s) 1, 2
  • 2011-01-06 Chief Sponsor Changed to Rep. Barbara Flynn Currie
  • 2011-01-06 Added Chief Co-Sponsor Rep. Patricia R. Bellock
  • 2011-01-06 Added Chief Co-Sponsor Rep. Deborah Mell
  • 2011-01-06 Senate Committee Amendment No. 1 Motion Filed Concur Rep. Barbara Flynn Currie
  • 2011-01-06 Senate Floor Amendment No. 2 Motion Filed Concur Rep. Barbara Flynn Currie
  • 2011-01-06 Senate Committee Amendment No. 1 Motion to Concur Referred to Rules Committee referral-committee
  • 2011-01-06 Senate Floor Amendment No. 2 Motion to Concur Referred to Rules Committee referral-committee
  • 2011-01-06 Senate Committee Amendment No. 1 Motion to Concur Referred to Special Committee on Medicaid Reform referral-committee
  • 2011-01-06 Senate Floor Amendment No. 2 Motion to Concur Referred to Special Committee on Medicaid Reform referral-committee
  • 2011-01-06 Senate Committee Amendment No. 1 Motion to Concur Recommends Be Adopted Special Committee on Medicaid Reform; 012-001-001
  • 2011-01-06 Senate Floor Amendment No. 2 Motion to Concur Recommends Be Adopted Special Committee on Medicaid Reform; 012-001-001
  • 2011-01-06 Added Co-Sponsor Rep. Jack D. Franks
  • 2011-01-06 Added Co-Sponsor Rep. Carol A. Sente
  • 2011-01-06 Added Co-Sponsor Rep. Linda Chapa LaVia
  • 2011-01-06 Added Co-Sponsor Rep. Keith Farnham
  • 2011-01-06 Added Co-Sponsor Rep. Elizabeth Coulson
  • 2011-01-06 Added Co-Sponsor Rep. Greg Harris
  • 2011-01-06 Added Chief Co-Sponsor Rep. David R. Leitch
  • 2011-01-06 Added Co-Sponsor Rep. Michael W. Tryon
  • 2011-01-06 Added Co-Sponsor Rep. Sandra M. Pihos
  • 2011-01-06 Added Co-Sponsor Rep. Michael G. Connelly
  • 2011-01-06 Added Co-Sponsor Rep. Randy Ramey, Jr.
  • 2011-01-06 Added Co-Sponsor Rep. Sandy Cole
  • 2011-01-06 Added Co-Sponsor Rep. Chapin Rose
  • 2011-01-06 Added Co-Sponsor Rep. Dennis M. Reboletti
  • 2011-01-06 Added Co-Sponsor Rep. Darlene J. Senger
  • 2011-01-06 Added Co-Sponsor Rep. Robert W. Pritchard
  • 2011-01-06 Added Co-Sponsor Rep. Kenneth Dunkin
  • 2011-01-06 Added Co-Sponsor Rep. LaShawn K. Ford
  • 2011-01-06 Removed Co-Sponsor Rep. LaShawn K. Ford
  • 2011-01-06 Added Co-Sponsor Rep. Sidney H. Mathias
  • 2011-01-06 Added Co-Sponsor Rep. Donald L. Moffitt
  • 2011-01-06 Added Co-Sponsor Rep. Cynthia Soto
  • 2011-01-06 Added Co-Sponsor Rep. Elizabeth Hernandez
  • 2011-01-06 Added Co-Sponsor Rep. Edward J. Acevedo
  • 2011-01-06 Added Co-Sponsor Rep. Luis Arroyo
  • 2011-01-06 Added Co-Sponsor Rep. Joseph M. Lyons
  • 2011-01-06 Added Co-Sponsor Rep. John D'Amico
  • 2011-01-06 Added Co-Sponsor Rep. Jim Watson
  • 2011-01-06 Senate Committee Amendment No. 1 House Concurs 111-004-002
  • 2011-01-06 Senate Floor Amendment No. 2 House Concurs 111-004-002
  • 2011-01-06 Passed Both Houses
  • 2011-01-06 Added Co-Sponsor Rep. Sara Feigenholtz
  • 2011-01-06 Remove Chief Co-Sponsor Rep. Deborah Mell
  • 2011-01-06 Added Co-Sponsor Rep. Kay Hatcher
  • 2011-01-06 Sent to the Governor executive-receipt
  • 2011-01-25 Governor Approved executive-signature
  • 2011-01-25 Effective Date January 25, 2011
  • 2011-01-25 Public Act . . . . . . . . . 96-1501 became-law

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/c9774ed1-b0e5-460b-a4b4-b127cffa707d. Confidence: reported (aggregated from official Illinois legislature records).