102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022
SB3929

 

Introduced 1/21/2022, by Sen. Elgie R. Sims, Jr.

 

SYNOPSIS AS INTRODUCED:
 
20 ILCS 605/605-1095 new

    Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Requires the Department of Commerce and Economic Opportunity to create the Opportunity Zone Grant Program. Provides that from funds made available to the Department from the State Coronavirus Urgent Remediation Emergency Fund, the Department shall provide grants to municipalities in federally designated qualified opportunity zones with disproportionately high coronavirus infection rate levels. Provides that grants shall be provided for the following purposes: (i) healthcare needs; and (ii) testing and vaccine facilities. Provides for the adoption of rules for the Program.


LRB102 24598 RJF 33833 b

 

 

A BILL FOR

 

SB3929LRB102 24598 RJF 33833 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
6is amended by adding Section 605-1095 as follows:
 
7    (20 ILCS 605/605-1095 new)
8    Sec. 605-1095. Opportunity Zone Grant Program.
9    (a) The Department of Commerce and Economic Opportunity
10shall create the Opportunity Zone Grant Program.
11    (b) From funds made available to the Department from the
12State Coronavirus Urgent Remediation Emergency Fund, the
13Department shall provide grants to municipalities in qualified
14opportunity zones, as designated under the federal Tax Cuts
15and Jobs Act of 2017, with disproportionately high coronavirus
16infection rate levels. Grants under this Section shall be
17provided for the following purposes: (i) healthcare needs; and
18(ii) testing and vaccine facilities.
19    (c) The Department shall adopt rules necessary for the
20implementation and administration of this Section.