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Public Act 095-0056 |
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AN ACT concerning State government.
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Be it enacted by the People of the State of Illinois,
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represented in the General Assembly:
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Section 5. The Department of Commerce and Economic | ||||
Opportunity Law of the
Civil Administrative Code of Illinois is | ||||
amended by adding Section 605-45 as follows: | ||||
(20 ILCS 605/605-45 new) | ||||
Sec. 605-45. Economic development grants; policy | ||||
considerations. When awarding grants for any economic | ||||
development purpose, the Department must consider (i) | ||||
reserving and targeting State business incentives to areas with | ||||
high unemployment or low income and (ii) if the applicant | ||||
seeking the grant is located in a metropolitan area, whether | ||||
that metropolitan area meets location efficiency standards.
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Section 99. Effective date. This Act takes effect upon | ||||
becoming law.
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