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| | HB2065 Engrossed | | LRB104 11532 SPS 21621 b |
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| 1 | | AN ACT concerning State government. |
| 2 | | Be it enacted by the People of the State of Illinois, |
| 3 | | represented in the General Assembly: |
| 4 | | Section 5. The Charitable Trust Stabilization Act is |
| 5 | | amended by changing Section 15 as follows: |
| 6 | | (30 ILCS 790/15) |
| 7 | | Sec. 15. Grant eligibility. To be eligible to receive a |
| 8 | | grant under this Act, an organization must be a |
| 9 | | community-based organization or other not-for-profit entity |
| 10 | | that: |
| 11 | | (1) is a not-for-profit corporation that is exempt |
| 12 | | from federal income taxation under Section 501(c)(3) of |
| 13 | | the federal Internal Revenue Code of 1986; |
| 14 | | (2) is organized under the General Not for Profit |
| 15 | | Corporation Act of 1986 for the purpose of providing |
| 16 | | charitable services to the community; and |
| 17 | | (3) complies with the provisions of the Charitable |
| 18 | | Trust Act; . |
| 19 | | (4) provides evidence of good standing from the |
| 20 | | Illinois Secretary of State; |
| 21 | | (5) provides documentation showing that the |
| 22 | | organization is currently registered with the Illinois |
| 23 | | Attorney General's Charitable Trust Bureau and copies of |