98TH GENERAL ASSEMBLY
State of Illinois
2013 and 2014
HB4623

 

Introduced , by Rep. Tom Demmer

 

SYNOPSIS AS INTRODUCED:
 
20 ILCS 605/605-33 new

    Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Provides that, with respect to State administration of the federal Community Development Block Grant Program for Small Cities, each revolving fund project shall create or retain at least one job for every $25,000 of revolving funds investment of State Community Development Block Grant program funds.


LRB098 15002 HLH 49958 b

FISCAL NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB4623LRB098 15002 HLH 49958 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 is
6amended by adding Section 605-33 as follows:
 
7    (20 ILCS 605/605-33 new)
8    Sec. 605-33. Federal Community Development Block Grant
9Program for Small Cities. With respect to State administration
10of the federal Community Development Block Grant Program for
11Small Cities, each revolving fund project shall create or
12retain at least one job for every $25,000 of revolving funds
13investment of State Community Development Block Grant program
14funds.