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Public Act 92-0298
HB3203 Enrolled LRB9200725MWpk
AN ACT concerning the Department of Commerce and
Community Affairs.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Department of Commerce and Community
Affairs Law of the Civil Administrative Code of Illinois is
amended by changing Sections 605-420 and 605-510 as follows:
(20 ILCS 605/605-420) (was 20 ILCS 605/46.75)
Sec. 605-420. Federal Workforce, Technology, and Economic
Development Fund.
(a) The Department may accept gifts, grants, awards,
matching contributions, interest income, appropriations, and
cost sharings from individuals, businesses, governments, and
other third-party sources, on terms that the Director deems
advisable, for any or all of the following purposes:
(1) (Blank) to assist recipients, including
recipients under the Temporary Assistance to Needy
Families (TANF) program, to obtain and retain employment
and become economically self-sufficient;
(2) to assist economically disadvantaged and other
youth to make a successful transition from school to
work; and
(3) to assist other individuals targeted for
services through education, training, and workforce
development programs to obtain employment-related skills
and obtain employment;.
(4) to identify, develop, commercialize, or promote
technology within the State; and
(5) to promote economic development within the
State.
(b) The Federal Workforce, Technology, and Economic
Development Fund is created as a special fund in the State
Treasury. On September 1, 2000, or as soon thereafter as may
be reasonably practicable, the State Comptroller shall
transfer from the Federal Workforce Development Fund into the
Title III Social Security and Employment Fund all moneys that
were received for the purposes of Section 403(a)(5) of the
federal Social Security Act and remain unobligated on that
date. Beginning on the effective date of this amendatory Act
of the 92nd 91st General Assembly, all moneys received under
this Section for the purposes of Section 403(a)(5) of the
federal Social Security Act, except moneys that may be
necessary to pay liabilities outstanding as of June 30, 2000,
shall be deposited into the Title III Social Security and
Employment Fund, and all other moneys received under this
Section shall be deposited into the Federal Workforce,
Technology, and Economic Development Fund.
Moneys received under this Section may be expended for
purposes consistent with the conditions under which those
moneys are received, subject to appropriations made by the
General Assembly for those purposes.
(Source: P.A. 91-34, eff. 7-1-99; 91-704, eff. 7-1-00.)
(20 ILCS 605/605-510) (was 20 ILCS 605/46.19h)
Sec. 605-510. Study of laws affecting small business. To
study the effect of laws affecting small business to
determine whether those laws impede the creation of small
businesses or create economic damages for any small business
group that may jeopardize the small business group's
continuation in the marketplace or its valuable contribution
to the economic growth of this State. The study may shall be
conducted in cooperation with the department or agency
administering the law whose effect is the subject of the
study. A general study of the laws affecting the creation of
small businesses in this State may shall be undertaken by the
Department and the results shall be reported to the Governor
and the General Assembly by January 1, 1996.
An economic impact review may shall be made at least
every 2 years, and pertinent information shall be gathered
from the business segment affected to determine whether the
laws need amendment to relieve business losses while
retaining the substance of the legislation, or whether the
original purpose has been accomplished and the laws should be
repealed. The review shall be reported to the Governor, the
General Assembly, and the administrating State agency, as
well as to the business associations most directly
representing the business group involved.
The Director may shall appoint a task force to assist the
Department in conducting the studies and reviews required
under this Section. The task force will shall consist of
persons representing small business and persons representing
the affected State departments and agencies. Members of the
task force shall serve without compensation but may be
reimbursed for necessary expenses in connection with their
duties out of money available to the Department for that
purpose.
(Source: P.A. 91-239, eff. 1-1-00.)
Section 10. The State Finance Act is amended by
renumbering and changing Section 5.490, added by Public Act
91-34, as follows:
(30 ILCS 105/5.493)
Sec. 5.493. 5.490. The Federal Workforce, Technology,
and Economic Development Fund.
(Source: P.A. 91-34, eff. 7-1-99; revised 11-12-99.)
(30 ILCS 105/5.203 rep.)
Section 15. The State Finance Act is amended by
repealing Section 5.203.
(30 ILCS 130/Act rep.)
Section 20. The Exxon Overcharge Fund Act is repealed.
(305 ILCS 45/Act rep.)
Section 25. The Work Opportunity and Earnfare Act is
repealed.
Section 99. Effective date. This Act takes effect upon
becoming law.
Passed in the General Assembly May 17, 2001.
Approved August 09, 2001.
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