Illinois 2023-2024 Regular Session

Illinois House Bill HB4360

Introduced
1/5/24  
Refer
1/16/24  
Introduced
1/5/24  
Refer
3/5/24  
Refer
1/16/24  
Report Pass
3/13/24  
Refer
3/5/24  
Engrossed
4/17/24  
Report Pass
3/13/24  
Refer
4/18/24  
Engrossed
4/17/24  
Refer
5/1/24  
Refer
4/18/24  
Report Pass
5/15/24  
Refer
5/1/24  

Caption

COMM EQUITY&INCLUSION-VARIOUS

Impact

If enacted, HB4360 would significantly impact the state's approach to contracting and equity initiatives. It sets forth specific goals for the representation of minority- and women-owned businesses in state contracts and requires state agencies to actively promote this vision. Moreover, the availability of substantial funding up to $1,000,000 annually for operational support grants is anticipated to bolster contractor capabilities and foster growth within historically underrepresented communities in the energy sector.

Summary

House Bill 4360, known as the Clean Energy Primes Contractor Accelerator Program, aims to enhance opportunities for minority and underrepresented contractors in the clean energy sector in Illinois. This bill seeks to provide critical support through a framework that includes one-on-one coaching, operational support grants, and access to low-interest loans for qualified contractors. The program is designed to run in three regional delivery areas and targets contractors with demonstrable experience and commitment to promoting equity within their communities.

Sentiment

The sentiment surrounding HB4360 is largely positive, particularly among advocacy groups supporting racial and economic equity. Proponents argue that the bill stands as a necessary and impactful measure to address the historical barriers faced by minority-owned businesses in accessing contracts and funding opportunities in the clean energy landscape. However, some critics may express concerns about the effectiveness of such programs in genuinely altering market dynamics without proper oversight and ensuring long-term sustainability.

Contention

Despite the supportive framework presented in the bill, notable points of contention could arise around implementation and oversight. Questions about the efficacy of metrics for measuring success, ensuring equitable access to opportunities, and the potential for bureaucratic hurdles in accessing grants and loans may be raised. Additionally, there is a broader concern about the balance of responsibilities between state agencies and community organizations in executing the program effectively.

Companion Bills

No companion bills found.

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