95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008
HB4465

 

Introduced , by Rep. Susana A Mendoza

 

SYNOPSIS AS INTRODUCED:
 
20 ILCS 605/605-513 new

    Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Requires the Department to establish a program for grants to women entrepreneurs. Provides for nominations and for a grant of $5,000 to 10 nominated individuals.


LRB095 18519 JAM 44605 b

FISCAL NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB4465 LRB095 18519 JAM 44605 b

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 Department of Commerce and Economic
5 Opportunity Law of the Civil Administrative Code of Illinois is
6 amended by adding Section 605-513 as follows:
 
7     (20 ILCS 605/605-513 new)
8     Sec. 605-513. Grant program for women entrepreneurs.
9     (a) The Department must establish and maintain a program to
10 make grants to women entrepreneurs. Under the program, the
11 Department must annually collect nominations of potential
12 grant recipients from local chambers of commerce in the State.
13 The nominations must be submitted in the form and manner
14 required by the Department and must contain any information
15 reasonably required by the Department for the purpose of
16 awarding grants. From the nominations, the Department must
17 award a grant in the amount of $5,000 to 10 nominated
18 individuals.
19     (b) The Department must adopt any rule necessary for the
20 administration of this Section.