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SB 4032·IL·senate

$DCEO-BCOE

In CommitteeFiled Feb 6, 2026
Sponsor: Willie Preston
Latest Action

Pursuant to Senate Rule 3-9(b) / Referred to Assignments

Jul 2, 2026

Summary

The bill allocates $2 million from Illinois’ General Revenue Fund to the Department of Commerce and Economic Opportunity to fund a grant for Black contractors, owners, and executives. The grant is intended to expand the organization’s statewide reach and help Black‑owned businesses grow. The measure would become effective on July 1, 2026.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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