Public Act 100-0347
 
HB0736 EnrolledLRB100 05692 KTG 15713 b


  
    AN ACT concerning public aid.
  
 
    Be it enacted by the People of the State of Illinois,
 
represented in the General Assembly:
  


 
 
    Section 5. The Illinois Public Aid Code is amended  by 
adding Section 9-14 as follows:
 
    (305 ILCS 5/9-14 new)
    Sec. 9-14. Small business grant program. Subject to 
appropriation, the Department of Commerce and Economic 
Opportunity may establish a small business grant program for 
public aid recipients who are interested in developing a new 
start-up business. Grant applicants must submit an initial 
business plan or proposal to the Department of Commerce and 
Economic Opportunity that clearly articulates the viability of 
the new start-up business and how the grant money will be used 
to develop the business. The Department of Commerce and 
Economic Opportunity shall use such application materials to 
determine an applicant's eligibility under the program, the 
grant amount to be awarded, if applicable, and the number of 
grants an eligible applicant will receive under the program. If 
an applicant is determined by the Department of Commerce and 
Economic Opportunity to be eligible for a small business grant, 
the applicant must submit to the Department of Commerce and 
Economic Opportunity every year that he or she participates in 
the program or applies for a new grant an updated business plan 
or proposal that demonstrates the continued viability or 
progress of the new start-up business. The Department of 
Commerce and Economic Opportunity shall adopt any rules 
necessary to implement this provision, including rules on the 
minimum and maximum grant amounts awarded under the program,  
the number of grants an applicant may apply for or receive 
during a specified period of time, and application 
requirements.



Effective Date:  1/1/2018