HB5302 97TH GENERAL ASSEMBLY

LRB097 16019 HLH 61170 b

97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012
HB5302

Introduced 2/8/2012, by Rep. La Shawn K. Ford

SYNOPSIS AS INTRODUCED:

20 ILCS 605/605-1015 new
30 ILCS 105/5.811 new

Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Provides that the Department shall establish a searchable online database containing information about businesses located in Illinois. Contains provisions concerning registration of businesses. Provides that the Department shall charge an initial registration fee of $100 for small businesses and $200 for businesses that are not small businesses. Provides that the Department shall charge an annual fee of $25 for each registered small business and $50 for each registered business that is not a small business. Provides that the fees shall be deposited into the Illinois Chamber of Commerce Support Fund. Amends the State Finance Act to create the Fund.

FISCAL NOTE ACT MAY APPLY

A BILL FOR

AN ACT concerning State government.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois is amended by adding Section 605-1015 as follows:

(20 ILCS 605/605-1015 new)

Sec. 605-1015. Illinois business database. The Department shall establish a searchable online database containing information about businesses located in Illinois. The database shall be accessible to the public on the Department's website. Each business that is located in Illinois and registers with the Department for inclusion in the database shall be included in the database. The Department shall charge an initial registration fee of $100 for small businesses and $200 for businesses that are not small businesses. Thereafter, the Department shall charge an annual fee of $25 for each registered small business and $50 for each registered business that is not a small business. Moneys collected from the fees charged under this Section shall be deposited into the Illinois Chamber of Commerce Support Fund, a special fund created in the State treasury. Moneys in the Illinois Chamber of Commerce Support Fund shall be used by the Department to make grants to the Illinois Chamber of Commerce for the purpose of offering support to its members.

As used in this Section, "small business" means a corporation or a concern, including its affiliates, that is independently owned and operated, not dominant in its field, and employs fewer than 50 full-time employees or has gross annual sales of less than $4,000,000.

Section 10. The State Finance Act is amended by adding Section 5.811 as follows:

(30 ILCS 105/5.811 new)

Sec. 5.811. The Illinois Chamber of Commerce Support Fund.