91st General Assembly
Status of HB4609
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 Full Text  Bill Summary
MORROW.

   20 ILCS 605/605-613 new                                                     

        Amends the Department of Commerce and Community  Affairs  Law  of      
   the  Civil  Administrative  Code  of  Illinois.    Provides  that  the      
   Department of Commerce and Community Affairs, using funds appropriated      
   for  the  purpose,  shall  create the Illinois Africa Trade Program to      
   assist small and medium sized Illinois businesses and manufacturers in      
   exporting their products and to assist companies from African  nations      
   in  exporting products to or investing in Illinois.  Provides that the      
   Department  shall  pursue  incentive  programs  to  encourage  African      
   governments  to  locate  trade  or  commercial  offices  in  Illinois.      
   Provides  that  the  Department  shall  coordinate  with   appropriate      
   organizations  and may contract with qualified individuals or entities      
   to develop a comprehensive plan for market development  and  expansion      
   of  trade  between  Illinois  and  African nations.  Provides that the      
   Department may develop and  administer  other  programs  it  considers      
   advisable and appropriate for collecting and disseminating information      
   to  prospective  manufacturers  and businesses regarding export to and      
   investment in African nations.  Effective immediately.                      
          FISCAL NOTE (Dept. of Commerce and Community Affairs)                
          The fiscal impact of HB 4609 is estimated to be at least             
          $390,000 contingent upon appropriated funds. The impact to           
          State revenues cannot be determined, but they are expected to        
          increase as a result of new exports to Africa and foreign di-        
          rect investment in Illinois by African companies.                    
   00-02-07  H  FIRST READING                                                  
   00-02-07  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   00-02-09  H       ASSIGNED TO COMMITTEE               STE GOV ADMIN         
   00-02-17  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   00-02-22  H                         FISCAL NOTE FILED                       
   00-02-22  H                   COMMITTEE               RULES                 
   01-01-09  H  SESSION SINE DIE                                               

   END OF INQUIRY 



 Full Text  Bill Summary