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<xml>
<title>Illinois General Assembly - Bill Status for SB 2792</title>
<shortdesc>SMALL BUSINESS INCENTIVES</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Laura M. Murphy</sponsors>
</sponsor>
<lastaction>
<statusdate>2/3/2026</statusdate><chamber>Senate</chamber><action>Assigned to Appropriations</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>New Act</reference><aliasreference></aliasreference><SynopsisText>Creates the Small Business Economic Incentive Act. Provides that at least 50% of the dollar value of all economic incentives awarded to businesses by the State or by any State agency on or after January 1, 2027 shall be awarded to businesses with 50 or fewer full-time employees. Effective January 1, 2027.</SynopsisText></synopsis>
<actions>
<statusdate>1/13/2026</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Laura M. Murphy</action>
<statusdate>1/13/2026</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>1/13/2026</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/3/2026</statusdate><chamber>Senate</chamber><action>Assigned to Appropriations</action>
<statusdate>3/13/2026</statusdate><chamber>Senate</chamber><action>Rule 2-10 Committee Deadline Established As April 24, 2026</action>
</actions>
</xml>
