Intrastate Crowdfunding Bill Has Been Filed (HB 3429)

On Monday, March 2nd at 1:00PM, the SBAC and Representative Carol Sente held a press conference at 1871 highlighting recently filed legislation, HB 3429, that will allow Illinois businesses and entrepreneurs to raise funds through intrastate equity crowdfunding. This new vehicle for raising capital will empower the small business community and stimulate our state’s economy.


Chicago Tribune wrote an article covering the filing of intrastate equity crowdfunding legislation in Illinois. Statements made by 1871 Chicago CEO Howard Tullman, Representative Carol Sente and Small Business Advocacy Council CEO Elliot Richardson are highlighted in the article. Click here to read the full article.