TITLE 14: COMMERCE
SUBTITLE C: ECONOMIC DEVELOPMENT
CHAPTER I: DEPARTMENT OF COMMERCE AND ECONOMIC OPPORTUNITY
PART 510 ILLINOIS PROMOTION ACT PROGRAMS
SECTION 510.420 ELIGIBLE APPLICANT


Section 510.420  Eligible Applicant

 

a)         Eligible Projects and Activities – The Municipal Convention Center and Sports Facility Incentive Grant Program shall provide grants to a unit of local government, municipal convention center, or convention center authority for Projects and activities including, but not limited to, publicizing, promoting, advertising or otherwise attracting:

 

1)         conventions, meetings and trade shows to municipal convention centers; or

 

2)         sporting events to municipal amateur sports facilities.

 

b)         Grants awarded under Section 8b of the Act shall be based upon the net proceeds received under the Hotel Operators' Occupation Tax Act [35 ILCS 145] for the renting, leasing or letting of hotel rooms in the municipality for the month in which the convention, meeting, trade show or sporting event occurs.

 

(Source:  Added at 40 Ill. Reg. 10844, effective July 29, 2016)