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HB5263

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ECONOMIC STABILITY COMMISSION

What this bill does

Creates the Economic Stabilization and Resilience Commission Act. Creates the Economic Stabilization and Resilience Commission to research and recommend strategies to disburse resources to deliver rapid liquidity to businesses affected by immigration enforcement disruptions. Sets forth provisions concerning membership and meetings. Provides that, no later than December 31, 2027, the Commission shall create a report and submit it to the Governor and the General Assembly containing specified findings and recommendations. Effective immediately.

Sponsor: Elizabeth "Lisa" Hernandez Chamber: House Introduced: 2026-02-05
Stuck
P(Advance)
8.2%
Chance it ever reaches a milestone (committee, floor, etc.). Not “next step.”
P(Law)
0.0%
Chance it becomes law given where it is now (stage, momentum).
Confidence: 92% FORECAST

Calculating prediction drivers...

Pipeline Progress

Current stage: In Committee · Last action 58 days ago · PENDING

How does a bill become law in Illinois?
  1. Introduction of Bill

    A member of the Senate or the House introduces a bill, which is assigned a unique identifying number (e.g., "H.B. ___" for House bills and "S.B. ___" for Senate bills). If not enacted, it must be reintroduced in the next General Assembly with a new number.

  2. Committee Work — Hearings

    The bill goes to the appropriate committee, which holds hearings to gather expert opinions and determine the need for the legislation.

  3. Committee Work — Markup, Amendments, Report

    The committee may make amendments to the bill. If approved, a committee report endorsing the bill is issued.

  4. Floor Debate

    The bill is debated and can be further amended. The debate transcripts are accessible online for public viewing.

  5. Passage and Consideration in Second Chamber

    If the bill passes in the first chamber, it moves to the second chamber for a similar review process. If both chambers approve, it goes to the governor.

  6. Gubernatorial Action

    The governor can sign the bill into law, veto it, or take no action (resulting in an automatic law after 60 days). The type of veto can be total or amendatory. Once signed, the bill becomes a Public Act and is assigned a Public Act number.

Sponsor Context

Hearings

This bill has not been scheduled for a committee hearing.

Action History

3 actions recorded. Last action: 2026-02-10 — Referred toRules Committee. Each action's meaning and outcome signal are classified automatically.

2026-02-05 Introduction & Filing
Filed with the Clerk byRep. Elizabeth "Lisa" Hernandez House Rule 6(b)
Bill officially submitted to the House Clerk during the session.
2026-02-10 Introduction & Filing
First Reading Senate Rule 5-1(d)/5-2; House Rule 37(d)/38
Formal introduction — title read into the official record. Required procedural step; bill now exists in the system.
2026-02-10 Committee Assignment
Referred toRules Committee Senate Rule 3-8(a); House Rule 18(a)
Sent to a committee (usually Rules in the House, Assignments in the Senate). The gatekeeping step — Rules/Assignments decides which substantive committee hears the bill.

All actions (table)

Date Chamber Action Category Signal
2026-02-05 House Filed with the Clerk byRep. Elizabeth "Lisa" Hernandez House Rule 6(b) Introduction & Filing —
2026-02-10 House First Reading Senate Rule 5-1(d)/5-2; House Rule 37(d)/38 Introduction & Filing —
2026-02-10 House Referred toRules Committee Senate Rule 3-8(a); House Rule 18(a) Committee Assignment —