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