|
| | 102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022 HB3008 Introduced 2/19/2021, by Rep. Tim Ozinga SYNOPSIS AS INTRODUCED: |
| |
Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Provides that for fiscal years 2022, 2023, and 2024 only, the Department shall adopt rules that allow the Department to provide no more than 50% of the total funding awarded to qualified and selected applicants at the time an executed grant agreement is in place for specified grant programs established under the Code and any other such programs funded through the Rebuild Illinois Capital Program or other public infrastructure programs administered by the Department. Provides that the rules shall establish a process in which the Department may recoup costs if the entity receiving the grant does not satisfy the requirements necessary to receive full funding for the approved grant project. Repeals the provision on July 1, 2024. Effective immediately.
|
| |
| | | FISCAL NOTE ACT MAY APPLY | |
| | A BILL FOR |
|
|
| | HB3008 | | LRB102 14106 RJF 19458 b |
|
|
1 | | AN ACT concerning State government.
|
2 | | Be it enacted by the People of the State of Illinois,
|
3 | | represented in the General Assembly:
|
4 | | Section 5. The Department of Commerce and Economic |
5 | | Opportunity Law of the
Civil Administrative Code of Illinois |
6 | | is amended by adding Section 605-1055 as follows: |
7 | | (20 ILCS 605/605-1055 new) |
8 | | Sec. 605-1055. Adoption of rules for grant funding. In |
9 | | light of the COVID-19 pandemic and to spur economic |
10 | | development in this State, for fiscal years 2022, 2023, and |
11 | | 2024 only, the Department shall adopt rules that allow the |
12 | | Department to provide no more than 50% of the total funding |
13 | | awarded to qualified and selected applicants at the time an |
14 | | executed grant agreement is in place for grant programs |
15 | | established under Sections 605-328, 605-705, 605-905, 605-910, |
16 | | 605-913, 605-980, 608-981, and 605-1030 of this Code, as well |
17 | | as any additional grant programs funded through the Rebuild |
18 | | Illinois Capital Program or other public infrastructure |
19 | | programs administered by the Department. The rules shall |
20 | | establish a process in which the Department may recoup costs |
21 | | if the entity receiving the grant does not satisfy the |
22 | | requirements necessary to receive full funding for the |
23 | | approved grant project. This Section is repealed on July 1, |