Illinois Governor Announces $10M Grant to Boost Small Businesses and Economic Growth in 2025
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On the legislative front, the Illinois General Assembly concluded its fall veto session in late October with several major bills advancing. The energy omnibus bill SB 25 passed and now awaits the Governor's signature, authorizing procurement of 3 gigawatts of utility-scale battery storage by 2030 and injecting roughly 235 million dollars annually into the Renewable Portfolio Standard to support more than 10 gigawatts of new wind and solar by 2035. Additionally, the transportation governance and funding reform bill SB 2111 passed, which includes a 1.5 billion dollar revenue package to fund improvements to public transportation in the Chicago region.
Public safety concerns have intensified following a violent incident last week on a Chicago Transit Authority train. A 26-year-old woman was severely injured after being set on fire by a repeat offender with 72 prior arrests. The incident has drawn national attention, with President Trump intensifying his criticism of Illinois Governor Pritzker and Chicago Mayor Brandon Johnson.
As Thanksgiving approaches, Illinois is bracing for record travel volumes. Over 4.1 million Illinois residents are expected to travel, mostly by car, marking the state's busiest Thanksgiving yet. The Illinois Department of Transportation is preparing to deploy roughly 300 plows and salt trucks this weekend, with snow expected in the forecast. Gas prices remain among the lowest for Thanksgiving since the pandemic.
Looking ahead, Illinois faces continued policy debates regarding criminal justice reform and business competitiveness, with state lawmakers balancing economic development initiatives against ongoing public safety challenges. The state's focus on supporting small businesses and advancing renewable energy infrastructure will continue shaping the economic landscape heading into 2026.
Thank you for tuning in to this Illinois news summary. Be sure to subscribe for more updates on state developments and community news. This has been a Quiet Please production. For more, check out quietplease dot ai.
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