Illinois General Assembly - Bill Status for SB1918

Synopsis As Introduced
Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Provides that the Department of Commerce and Economic Opportunity may award grants to match the funds received by a business through an SBIR/STTR Phase I proposal up to a maximum of $75,000 (currently, $50,000). Provides that the Department of Commerce and Economic Opportunity may award grants to match the funds received by a business through an SBIR/STTR Phase II proposal up to a maximum of $250,000. Provides that 50% of the total Phase II grant shall be remitted to the business upon submission by the business of the Phase II final report to the federal funding agency. Provides that a business may receive only one such grant per year. Provides that, over its lifetime, a business may receive a maximum of 2 such awards.

Actions

Date	Chamber	Action
2/6/2025	Senate	Filed with Secretary by Sen. Adriane Johnson
2/6/2025	Senate	First Reading
2/6/2025	Senate	Referred to Assignments
3/4/2025	Senate	Assigned to Appropriations
3/7/2025	Senate	Senate Committee Amendment No. 1 Filed with Secretary by Sen. Adriane Johnson
3/7/2025	Senate	Senate Committee Amendment No. 1 Referred to Assignments
3/12/2025	Senate	Senate Committee Amendment No. 1 Assignments Refers to Appropriations
3/21/2025	Senate	Rule 3-9(a) / Re-referred to Assignments
3/21/2025	Senate	Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments

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