DAVIS,MONIQUE. 20 ILCS 605/46.70 new 30 ILCS 105/5.490 new Amends the Civil Administrative Code of Illinois concerning the Department of Commerce and Community Affairs. Provides that the Department must, by rule, create a Microloan Program to make loans from the Microloan Fund. Provides that the loans may be made in amounts of $500 or less to individuals whose income is at or below the federally designated poverty level and who seek independence from public assistance. Provides that the loans may be used for entrepreneurial or employment endeavors. Provides that the Department must enter into an agreement with a private entity to administer and implement the program. Amends the State Finance Act to create the Microloan Fund. 99-02-17 H FIRST READING 99-02-17 H REFERRED TO HOUSE RULES COMMITTEE RULES 99-02-18 H ASSIGNED TO COMMITTEE HUMAN SERVS 99-03-05 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL 01-01-09 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary