Local News

Rosenthal Looking For Increase To Veteran Small Business Cap

State Representative Wayne Rosenthal passed his first bill out of the Illinois House since being elected for this term. 

 

House Bill 2288 is a veteran related measure.  To qualify as a Veteran Owned Business and participate in the program, a business must meet a number of requirements, including the requirement that annual gross sales be less than $75 million. 

 

There have been fewer participating businesses than expected with 34 prequalified and certified firms for FY21, out of 224 certified businesses in the Veteran Owned Business Program. 

 

 

Since this law was enacted in 2011, there has been significant inflation costs and increases and the $75 million cap prevents some from participating. State Rep Rosenthal is trying to raise that to $150 million. 

 

Rosenthal is now in his 2nd run as State Representative after previously serving the house from 2011-2015.

Townhall Top of the Hour News

Weather - Sponsored By:

TAYLORVILLE WEATHER

Local News

Facebook Feed - Sponsored By: