$DCEO-BLACK CONTRACTORS

104th Regular Session Introduced by Justin Slaughter

The bill would appropriates $1,000,000 to DCEO to grant to Black Contractors, Owners, and Executives, Inc. to grow Black-owned contracting businesses in underserved Illinois commun

Referred to Rules Committee

Overview

HB3870, titled "$DCEO-BLACK CONTRACTORS," is an appropriation bill currently referred to the Rules Committee. The introduced measure would provide a targeted grant program administered by the Illinois Department of Commerce and Economic Opportunity (DCEO) to support Black-owned contracting businesses. The grant is intended to help grow and develop businesses in underserved communities. The act would take effect on July 1, 2025.

What the bill would do

Appropriates $1,000,000 from the General Revenue Fund to the Department of Commerce and Economic Opportunity (DCEO).

The funds are to be granted to Black Contractors, Owners, and Executives, Inc. (BCOE, Inc.) to assist in growing and developing businesses located in underserved communities.

Effective date of the appropriation and related provisions: July 1, 2025.

Key provisions

Section 5: Establishes the specific appropriation of $1,000,000 from the General Revenue Fund to DCEO for a grant to Black Contractors, Owners, and Executives, Inc., to support business growth and development in underserved communities.

Section 99: States the act’s effective date as July 1, 2025.

The text does not specify grant criteria, performance metrics, or duration beyond the funding authorization; such details may be defined in subsequent rulemaking or administrative guidelines if provided later.

Who is affected

State agencies: Illinois Department of Commerce and Economic Opportunity (DCEO) would administer the grant.

Beneficiary organization: Black Contractors, Owners, and Executives, Inc. (BCOE, Inc.) would receive the grant funding.

Underserved communities and Black-owned contracting businesses located within Illinois would be the intended beneficiaries of the program’s impact.

Fiscal and timeline implications

Fiscal: A one-time appropriation of $1,000,000 from the General Revenue Fund.

Timeline:

Introduced in late February 2025 (per legislative actions) and filed in March 2025.
Referred to Rules Committee; later actions show referral to Pensions, Investments & Financial Services.
Effective date set for July 1, 2025.

No sunset provision or renewal language is included in the text provided; additional details would determine ongoing funding or program longevity.

Legislative actions (highlights)

Filed: February 19, 2025

First Reading: February 25, 2025

Referred to Rules Committee: February 25, 2025

Filed with the Clerk: March 5, 2025

Read First Time: March 27, 2025

Referred to Pensions, Investments & Financial Services: March 27, 2025

Status: Referred to Rules Committee

If you’d like, I can add a brief comparison to similar targeted grant programs or outline potential implementation questions (eligibility criteria, matching funds, reporting requirements) that typically accompany such appropriations.

Bill