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Bill

SB 171

BUSINESS ENTERPRISE-VETERANS

104th Regular Session Introduced by Chris Balkema and 1 co-sponsor

SB 171 establishes or modifies Illinois veteran-owned business enterprise procurement preferences, currently in committee review with unclear specific contract or subsidy provisions.

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WeVote Research Nonpartisan
Bill Summary · SB 171

Legislative bill overview

SB 171 proposes measures to support veteran-owned business enterprises in Illinois, though the specific provisions are not detailed in the available legislative actions. The bill has been referred through multiple committees including Executive and Procurement, suggesting it involves procurement policy and contracting preferences for veteran business owners.

Why is this important

Veteran-owned business support programs can increase economic opportunity for military service members transitioning to civilian employment while potentially strengthening local economies. However, the implementation details—such as eligibility criteria, contract set-asides, or certification requirements—significantly affect both the program's effectiveness and its fiscal impact on state procurement processes.

Potential points of contention

  • Defining "veteran-owned": Questions about ownership percentages, active management requirements, and verification processes could affect who qualifies
  • Procurement impact: Set-asides or preferences for veteran businesses may increase costs or reduce competition, potentially affecting state budgets and other contractors
  • Program administration: Costs of certification, monitoring, and enforcement of veteran business enterprise status must be determined and funded

Compiled from official sources — confirm details with the bill’s official record.

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