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| Public Act 100-0679 | ||||
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AN ACT concerning finance.
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Be it enacted by the People of the State of Illinois,
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represented in the General Assembly:
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Section 5. The Industrial Development Assistance Law is | ||||
amended by changing Sections 3 and 6 as follows:
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(30 ILCS 720/3) (from Ch. 85, par. 893)
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Sec. 3. Definitions. "Department" means the Department of | ||||
Commerce
and Economic Opportunity.
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"Governing bodies" means, as to any county, municipality or | ||||
township,
the body empowered to enact ordinances or to adopt | ||||
resolutions for the
governance of such county, municipality or | ||||
township.
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"Industrial development agency" means any nonprofit | ||||
corporation,
organization, association, or agency, including a | ||||
local school district or community college, which shall be | ||||
designated by proper
resolution of the governing body of any | ||||
county, concurred in by
resolution of the governing bodies of | ||||
municipalities or townships within
said county having in the | ||||
aggregate over 50% of the population of said
county, as | ||||
determined by the last preceding decennial United States
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Census, as the agency authorized to make application to and | ||||
receive
grants from the Department of Commerce and Economic | ||||
Opportunity
for the purposes specified in this Act. Any two or | ||||
more counties may, by the
procedures provided in this Act, | ||
designate a single industrial
development agency to represent | ||
such counties for the purposes of this
Act.
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(Source: P.A. 94-793, eff. 5-19-06.)
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(30 ILCS 720/6) (from Ch. 85, par. 896)
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Sec. 6. Payment of grants to industrial development | ||
agencies. | ||
(a) Upon approval of each application and the making of a | ||
grant by the
department in accordance therewith, the department | ||
shall give notice to the
particular industrial development | ||
agency of such approval and grant, and
shall direct the | ||
industrial development agency to proceed with its proposed
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promotional program as described in its application and to use | ||
therefor
funds allocated by the industrial development agency | ||
for such purpose. Upon
the furnishing of satisfactory evidence | ||
to the department, on a quarterly
basis, that the particular | ||
industrial development agency has so proceeded,
the grant | ||
allocated to such industrial development agency shall be paid
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over on such basis to the industrial development agency by the | ||
department.
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(b) In furtherance of the intent of this Act, a local | ||
school district or community college may apply competitively | ||
and receive a grant from the Department under this Act for the | ||
acquisition of land, construction of facilities, and purchase | ||
of equipment, dedicated solely to the instruction of | ||
occupations in manufacturing. To be eligible under this | ||
subsection (b), a school district or community college shall, | ||
in addition to other industrial development agency | ||
requirements under this Act, demonstrate that it provides | ||
instruction leading to industry-based certificates or degrees, | ||
or both, and its application is supported in writing by not | ||
less than 15 local manufacturing employers for high schools or | ||
25 manufacturing employers for community colleges. | ||
(Source: P.A. 76-1961.)
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