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| | HB4993 Engrossed | | LRB102 25676 RJF 34969 b |
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| 1 | | AN ACT concerning State government.
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| 2 | | Be it enacted by the People of the State of Illinois,
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| 3 | | represented in the General Assembly:
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| 4 | | Section 5. The Department of Commerce and Economic |
| 5 | | Opportunity Law of the
Civil Administrative Code of Illinois |
| 6 | | is amended by adding Section 605-1095 as follows:
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| 7 | | (20 ILCS 605/605-1095 new) |
| 8 | | Sec. 605-1095. Local chambers of commerce recovery grants. |
| 9 | | The Department of Commerce and Economic Opportunity shall |
| 10 | | establish a grant program for local chambers of commerce. From |
| 11 | | funds appropriated, directly or indirectly, from moneys |
| 12 | | received by the State from the Coronavirus State Fiscal |
| 13 | | Recovery Fund under the American Rescue Plan Act, the |
| 14 | | Department shall allocate $5,000,000 as grants to eligible |
| 15 | | chambers of commerce in amounts equivalent to 2 months of lost |
| 16 | | revenue, or 1/6th of the annual lost revenue, between 2019 and |
| 17 | | 2020. Eligible chambers of commerce must have less than 1,500 |
| 18 | | paid members. The Department shall adopt rules for the |
| 19 | | implementation of this Section.
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