(20 ILCS 605/605-20) (was 20 ILCS 605/46.29)

Sec. 605-20. Charges; gifts and grants; Economic Research and Information Fund.

(a) To establish and collect charges and to accept gifts, grants, awards, matching contributions, financial participations, and cost sharings from individuals, businesses, governments, and other third party sources, on terms and conditions that the Director deems advisable, for any or all of the following purposes:

(1) Preparing, producing, and disseminating economic research material and information in various formats and media.

(2) Preparing, producing, and disseminating economic development strategies and planning products prepared as a guidance of the Illinois economy.

(3) Planning, facilitating, entering into, and conducting public, private, or both public and private sector partnerships and other joint venture economic research, strategic planning, and pilot and demonstration projects that have as their purpose fostering increased understanding of the Illinois economy and the development, evaluation, and implementation of policies and strategies to foster economic growth.

(4) Planning, facilitating, and conducting information dissemination and training outreach conferences, workshops, symposia, and award recognition ceremonies.

(b) The Economic Research and Information Fund is created as a special fund in the State treasury, and all monies received pursuant to this Section shall be deposited into that Fund. Monies in the Economic Research and Information Fund may be expended for purposes consistent with the conditions under which those monies are received, subject to appropriations made by the General Assembly for those purposes.

(Source: P.A. 91-239, eff. 1-1-00.)