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| | 100TH GENERAL ASSEMBLY
State of Illinois
2017 and 2018
HB0398 Introduced , by Rep. David B. Reis SYNOPSIS AS INTRODUCED:
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Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Provides that the Department is authorized to create a Regional Economic Revitalization Competition Program for the purpose of making competitive grants for the economic development regions of the State in need of community and economic revitalization.
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| | | FISCAL NOTE ACT MAY APPLY | |
| | A BILL FOR |
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| | HB0398 | | LRB100 03793 HLH 13798 b |
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| 1 | | AN ACT concerning State government.
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| 2 | | Be it enacted by the People of the State of Illinois,
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| 3 | | represented in the General Assembly:
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| 4 | | Section 5. The Department of Commerce and Economic |
| 5 | | Opportunity Law of the
Civil Administrative Code of Illinois is |
| 6 | | amended by adding Section 605-1020 as follows:
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| 7 | | (20 ILCS 605/605-1020 new) |
| 8 | | Sec. 605-1020. Economic revitalization competition. The |
| 9 | | Department is authorized to create a Regional Economic |
| 10 | | Revitalization Competition Program for the purpose of making |
| 11 | | competitive grants for the economic development regions of the |
| 12 | | State in need of community and economic revitalization. The |
| 13 | | competitive grant program shall support the revitalization of |
| 14 | | communities, job growth, and population sustainability. The |
| 15 | | Department shall adopt rules and make grants, subject to |
| 16 | | appropriation by the General Assembly, for this purpose.
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