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HB0798 Engrossed |
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LRB096 03879 RLJ 13913 b |
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| AN ACT concerning economic development.
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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 Department of Commerce and Economic |
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| Opportunity Law of the
Civil Administrative Code of Illinois is |
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| amended by adding Section 605-927 as follows: |
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| (20 ILCS 605/605-927 new) |
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| Sec. 605-927. Grants to local economic development |
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| organizations. |
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| (a) Subject to appropriation, the Department must develop a |
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| program to make grants to local development organizations. |
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| Under this program, a county or municipality may apply to the |
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| Department for a grant to be awarded to a local development |
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| organization in that county or municipality for the purpose of |
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| fostering local or regional economic development. A local |
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| development organization is not eligible to receive grant |
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| moneys under this Section if it has publicly endorsed any |
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| political candidate or if it distributes political |
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| questionnaires. Organizations receiving funds under this |
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| Section may be required to submit to audits by the Department. |
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| Documents produced under the grant program are subject to the |
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| provisions of the Freedom of Information Act. |
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| (b) For purposes of this Section, "local development |