Illinois 2025-2026 Regular Session

Illinois Senate Bill SB0508

Introduced
1/24/25  
Refer
1/24/25  
Refer
3/12/25  
Report Pass
3/19/25  

Caption

FINANCE-TECH

Impact

The impact of SB0508 on state laws is expected to be minimal in terms of direct policy changes, as it serves primarily as a technical correction rather than an overhaul of existing statutes. The main intention is to maintain the legal and linguistic integrity of the Rural Economic Development Act, ensuring that it remains an effective tool for supporting economic initiatives in rural areas. Although technical amendments may appear uncontroversial, they are essential for the accuracy and applicability of law.

Summary

SB0508, introduced by Senator Don Harmon, aims to make technical changes to the Rural Economic Development Act. The bill's primary focus is on updating the short title of the Act to ensure it reflects current terminology and relevance. As a technical amendment, it does not propose broad changes to the underlying policies governing rural economic development but seeks to clarify language and provisions for better understanding and implementation. Such amendments are often part of necessary updates to state laws that align with changing contexts and needs in economic development.

Contention

While the technical nature of SB0508 minimizes controversy, it highlights the importance of accurate legislative language in ensuring clarity and effectiveness in law. Any discussions surrounding the bill may center on the need for continual revisions to state acts to ensure they meet contemporary financial and economic challenges faced by rural communities. Legislative debates could also touch on the broader implications of rural economic development, particularly as these areas strive for growth and sustainability in an evolving economic landscape.

Companion Bills

No companion bills found.

Similar Bills

No similar bills found.