92nd General Assembly
Summary of SB0269
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Senate Sponsors:
HALVORSON.

House Sponsors:
KOSEL-LANG-MILLER-SCHOENBERG

Short description: 
PROCUREMENT CD-SMALL BUSINESS                                              

Synopsis of Bill as introduced:
        Amends the Illinois Procurement Code.  Provides that no  business      
   is   a  small  business  if  its  annual  sales  and  receipts  exceed      
   $15,000,000 (now $3,000,000).  Provides that, in addition  to  current      
   reporting  requirements, the designated State purchasing officer shall      
   include in the annual report to the General  Assembly  concerning  the      
   awarding  of  contracts  to small businesses the total value of awards      
   made to businesses owned by  minorities,  females,  and  persons  with      
   disabilities  in  the  preceding  fiscal year under the designation of      
   small business set-aside.  Effective immediately.                           
        SENATE AMENDMENT NO. 1.                                                
        Changes the threshold for designation  as  a  small  business  to      
   $10,000,000  or  less  in  annual  sales  and  receipts  (current law,      
   $3,000,000) (underlying bill, $15,000,000).                                 
 
Last action on Bill: PUBLIC ACT.............................. 92-0060

   Last action date: JUL-12-2001

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   1


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