101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020
SB3358
 
Introduced 2/14/2020, by Sen. Elgie R. Sims, Jr.
 
SYNOPSIS AS INTRODUCED:
 

 
20 ILCS 605/605-1045 new

     Amends the Department of Commerce and Economic Opportunity Law of the
Civil Administrative Code of Illinois. Establishes the Illinois Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Matching Funds Program to be administered by the Department of Commerce and Economic Opportunity. Provides that the Department of Commerce and Economic Opportunity may make grants to eligible businesses to match federal funds received by the business as an SBIR or STTR Phase I award and to encourage businesses to apply for Phase II awards up to a maximum of $50,000. Effective July 1, 2020.
  


LRB101 18688 RJF 68143 b

 
 
A BILL FOR
 

  
SB3358LRB101 18688 RJF 68143 b


  
1    AN ACT concerning State government.
  
 
2    Be it enacted by the People of the State of Illinois,
 
3represented in the General Assembly:
  


 
4    Section 5. The Department of Commerce and Economic 
5Opportunity Law of the
Civil Administrative Code of Illinois is 
6amended  by adding Section 605-1045 as follows:
 
7    (20 ILCS 605/605-1045 new)
8    Sec. 605-1045. Illinois SBIR/STTR Matching Funds Program.
9    (a) There is established the Illinois Small Business 
10Innovation Research (SBIR) and Small Business Technology 
11Transfer (STTR) Matching Funds Program to be administered by 
12the Department. In order to foster job creation and economic 
13development in the State, the Department may make grants to 
14eligible businesses to match funds received by the business as 
15an SBIR or STTR Phase I award and to encourage businesses to 
16apply for Phase II awards. 
17    (b) In order to be eligible for a grant under this Section, 
18a business must satisfy all of the following conditions: 
19        (1)        The business must be a for-profit, Illinois-based 
20    business. For the purposes of this Section, an 
21    Illinois-based business is one that has its principal place 
22    of business in this State. 
23        (2)        The business must have received an SBIR/STTR Phase 
 
 
SB3358- 2 -LRB101 18688 RJF 68143 b

1    I award from a participating federal agency in response to 
2    a specific federal solicitation. To receive the full match, 
3    the business must also have submitted a final Phase I 
4    report, demonstrated that the sponsoring agency has 
5    interest in the Phase II proposal, and submitted a Phase II 
6    proposal to the agency. 
7        (3)        The business must satisfy all federal SBIR/STTR 
8    requirements. 
9        (4)        The business shall not receive concurrent funding 
10    support from other sources that duplicates the purpose of 
11    this Section. 
12        (5)        The business must certify that at least 51% of the 
13    research described in the federal SBIR/STTR Phase II 
14    proposal will be conducted in this State and that the 
15    business will remain an Illinois-based business for the 
16    duration of the SBIR/STTR Phase II project. 
17        (6)        The business must demonstrate its ability to 
18    conduct research in its SBIR/STTR Phase II proposal. 
19    (c) The Department may award grants to match the funds 
20received by a business through an SBIR/STTR Phase I proposal up 
21to a maximum of $50,000. Seventy-five percent of the total 
22grant shall be remitted to the business upon receipt of the 
23SBIR/STTR Phase I award and application for funds under this 
24Section. Twenty-five percent of the total grant shall be 
25remitted to the business upon submission by the business of the 
26Phase II application to the funding agency and acceptance of 
 
 
SB3358- 3 -LRB101 18688 RJF 68143 b

1the Phase I report by the funding agency. A business may 
2receive only one grant under this Section per year. A business 
3may receive only one grant under this Section with respect to 
4each federal proposal submission. Over its lifetime, a business 
5may receive a maximum of 5 awards under this Section. 
6    (d) A business shall apply, under oath, to the Department 
7for a grant under this Section on a form prescribed by the 
8Department that includes at least all of the following: 
9        (1)        the name of the business, the form of business 
10    organization under which it is operated, and the names and 
11    addresses of the principals or management of the business; 
12        (2)        an acknowledgment of receipt of the Phase I report 
13    and Phase II proposal by the relevant federal agency; and 
14        (3)        any other information necessary for the Department 
15    to evaluate the application.

 
16    Section 99. Effective date. This Act takes effect July 1, 
172020.