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| | HB3144 Engrossed | | LRB103 26309 HLH 52670 b |
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1 | | AN ACT concerning revenue.
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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 605-1110 as follows: |
7 | | (20 ILCS 605/605-1110 new) |
8 | | Sec. 605-1110. Local Chamber of Commerce Business Program. |
9 | | Subject to appropriation, the Department shall establish a |
10 | | Local Chamber of Commerce Business Program for the purpose of |
11 | | providing grants to certified local chambers of commerce. |
12 | | Grant moneys may be used to market and develop the service area |
13 | | of the chamber of commerce for the purposes of generating |
14 | | local, county, and State business taxes and to provide small |
15 | | businesses with professional development, business guidance, |
16 | | and best practices for sustainability. No single chamber of |
17 | | commerce shall receive grant funds under this program in |
18 | | excess of $50,000 in any State fiscal year.
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19 | | Section 99. Effective date. This Act takes effect upon |
20 | | becoming law.
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