Illinois SB 2428: PROCUREMENT-MID-SIZE BUSINESS

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104TH GENERAL ASSEMBLY 
State of Illinois 
2025 and 2026
SB2428

Introduced 2/7/2025, by Sen. Cristina Castro 

SYNOPSIS AS INTRODUCED:

30 ILCS 500/45-46

 Amends the Illinois Procurement Code. In provisions concerning mid-size businesses, provides that the Illinois State Toll Highway Authority may award up to 4 contracts per calendar year under the provisions and may award up to a total of 10 contract under the provisions. Provides that the provisions concerning mid-size businesses are inoperable 5 years after the award of the first contract under the provisions. Repeals the provisions on July 1, 2031 (instead of January 1, 2030).

LRB104 10845 HLH 20926 b

A BILL FOR

SB2428LRB104 10845 HLH 20926 b

1 AN ACT concerning finance.

2 Be it enacted by the People of the State of Illinois, 

3represented in the General Assembly:

4 Section 5. The Illinois Procurement Code is amended by 

5changing Section 45-46 as follows:

6 (30 ILCS 500/45-46)

7 (Section scheduled to be repealed on January 1, 2030)

8 Sec. 45-46. Mid-size businesses.

9 (a) As used in the Section, "mid-size business" means a 

10business that is independently owned and operated and that is 

11not dominant in its field of operation. "Mid-size business" 

12includes a construction business with annual sales and 

13receipts in excess of $14,000,000 but not over $45,000,000.

14 (a-5) This Section applies only to construction-related 

15procurements for the Illinois State Toll Highway Authority. 

16 (b) The chief procurement officer shall adopt rules to 

17establish additional criteria to designate mid-size businesses 

18for the purposes of the mid-size business set-asides described 

19in subsection (c), including the number of employees and 

20annual sales and