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SB 3514

CDB-PUBLIC-PRIVATE CONTRACTS

104th Regular Session Introduced by Steve Stadelman

SB 3514 establishes rules for Illinois public-private partnerships in community development grant projects, balancing private capital access with public accountability requirements.

Rule 2-10 Committee/3rd Reading Deadline Established As May 15, 2026
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Bill Summary · SB 3514

Legislative bill overview

SB 3514 addresses the regulations and procedures governing public-private partnership (PPP) contracts for the Community Development Block Grant (CDB) program in Illinois. The bill establishes frameworks for how public entities can collaborate with private partners on development projects funded through these federal grants. It currently awaits committee review after being assigned to the Procurement committee in February 2026.

Why is this important

Public-private partnerships in community development can accelerate infrastructure projects and leverage private capital, but they also raise questions about public accountability, cost-effectiveness, and equitable community benefit. How Illinois structures these contracts will affect which communities receive development funding and under what terms private entities profit from public grants.

Potential points of contention

  • Public accountability concerns: Private partners may operate with less transparency than traditional public procurement, potentially limiting community input on how federal development funds are used
  • Cost allocation and public risk: PPP structures can shift financial risks to public entities or create long-term obligations that may cost taxpayers more than traditional public development
  • Equity and access: Private involvement in community development decisions could prioritize profitable projects over investments in underserved areas that most need development funding

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

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