Illinois General Assembly - Full Text of HB4993
Illinois General Assembly

  Bills & Resolutions  
  Compiled Statutes  
  Public Acts  
  Legislative Reports  
  IL Constitution  
  Legislative Guide  
  Legislative Glossary  

 Search By Number
 (example: HB0001)
Search Tips

Search By Keyword

Full Text of HB4993  102nd General Assembly

HB4993 102ND GENERAL ASSEMBLY

  
  

 


 
102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022
HB4993

 

Introduced 1/27/2022, by Rep. Carol Ammons

 

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 establish a grant program for local chambers of commerce. Provides that 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 from funds appropriated under the American Rescue Plan Act. Provides that eligible chambers of commerce must have less than 1,500 paid members. Provides for the adoption of rules.


LRB102 25676 RJF 34969 b

 

 

A BILL FOR

 

HB4993LRB102 25676 RJF 34969 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. Local chambers of commerce recovery grants.
9The Department of Commerce and Economic Opportunity shall
10establish a grant program for local chambers of commerce. From
11funds appropriated, directly or indirectly, from moneys
12received by the State from the Coronavirus State Fiscal
13Recovery Fund under the American Rescue Plan Act, the
14Department shall allocate $5,000,000 as grants to eligible
15chambers of commerce in amounts equivalent to 2 months of lost
16revenue, or 1/6th of the annual lost revenue, between 2019 and
172020. Eligible chambers of commerce must have less than 1,500
18paid members. The Department shall adopt rules for the
19implementation of this Section.