Rep. Mike Fortner
Filed: 2/24/2017
 
 

 

 

 
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1
AMENDMENT TO HOUSE BILL 736 




2    AMENDMENT NO. ______. Amend House Bill 736 by replacing 
3everything after the enacting clause with the following:

 
 
4    "Section 5. The Illinois Public Aid Code is amended  by 
5adding Section 9-14 as follows:
 
6    (305 ILCS 5/9-14 new)
7    Sec. 9-14. Small business grant program. Subject to 
8appropriation, the Department of Commerce and Economic 
9Opportunity may establish a small business grant program for 
10public aid recipients who are interested in developing a new 
11start-up business. Grant applicants must submit an initial 
12business plan or proposal to the Department of Commerce and 
13Economic Opportunity that clearly articulates the viability of 
14the new start-up business and how the grant money will be used 
15to develop the business. The Department of Commerce and 
16Economic Opportunity shall use such application materials to 
 
 
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1determine an applicant's eligibility under the program, the 
2grant amount to be awarded, if applicable, and the number of 
3grants an eligible applicant will receive under the program. If 
4an applicant is determined by the Department of Commerce and 
5Economic Opportunity to be eligible for a small business grant, 
6the applicant must submit to the Department of Commerce and 
7Economic Opportunity every year that he or she participates in 
8the program or applies for a new grant an updated business plan 
9or proposal that demonstrates the continued viability or 
10progress of the new start-up business. The Department of 
11Commerce and Economic Opportunity shall adopt any rules 
12necessary to implement this provision, including rules on the 
13minimum and maximum grant amounts awarded under the program,  
14the number of grants an applicant may apply for or receive 
15during a specified period of time, and application 
16requirements.".