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Sunday, May 10, 2026

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IL · HB5264In committee

DCEO-SMALL BUSINESS LOANS

Where it is in the process
Plain-English Summary

Reinserts the provisions of the introduced bill with changes. Provides that the Department of Commerce and Economic Opportunity shall establish a loan program to provide low interest loans to small businesses that have been negatively impacted by an economic shock (in the introduced bill, federal immigration enforcement). Renames the Federal Immigration Recovery Fund the Economic Recovery Fund. Provides that the Department of Commerce and Economic Opportunity is authorized to provide participati…

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