Illinois General Assembly - Full Text of HB2065

HB2065 Engrossed LRB104 11532 SPS 21621 b

AN ACT concerning State government.

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

Section 5. The Charitable Trust Stabilization Act is amended by changing Section 15 as follows:

(30 ILCS 790/15)

Sec. 15. Grant eligibility. To be eligible to receive a grant under this Act, an organization must be a community-based organization or other not-for-profit entity that:

(1) is a not-for-profit corporation that is exempt from federal income taxation under Section 501(c)(3) of the federal Internal Revenue Code of 1986;

(2) is organized under the General Not for Profit Corporation Act of 1986 for the purpose of providing charitable services to the community; and

(3) complies with the provisions of the Charitable Trust Act; .

(4) provides evidence of good standing from the Illinois Secretary of State;

(5) provides documentation showing that the organization is currently registered with the Illinois Attorney General's Charitable Trust Bureau and copies of the organization's AG-990-IL Illinois Charitable Organization Annual Report for each of the past three years;

(6) certifies that it has adopted a nondiscrimination policy that complies with the Illinois Human Rights Act and all applicable federal and State laws; and

(7) has at least one of the following:

(A) the equivalent of one full-time paid employee; or

(B) a designated fiscal agent and a physical office address from which charitable services are provided.

(Source: P.A. 95-655, eff. 6-1-08.)