101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020
Introduced , by Rep. Mary Edly-Allen
SYNOPSIS AS INTRODUCED:
Amends the Department of Commerce and Economic Opportunity Law of the
Civil Administrative Code of Illinois. Provides that the Department shall
create a statewide business retention and expansion program and provide
technical assistance to program participants. Effective immediately.
|FISCAL NOTE ACT MAY APPLY|
A BILL FOR
|HB3478||LRB101 10324 HLH 55430 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 605-1025 as follows:
(20 ILCS 605/605-1025 new)
Business retention and expansion program.
The Department shall create a statewide business retention and
expansion program to utilize State-funded grants for targeted
companies, including nonprofit organizations, local
governments, municipal authorities, industrial development
agencies, and community organizations. The Department shall
also provide technical assistance to program participants.
This Act takes effect upon