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| | 102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022
HB3962 Introduced 2/22/2021, by Rep. Mark L. Walker 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 of Commerce and Economic Opportunity shall provide on its website a central repository for new and existing businesses with specified business-related content. Provides that when submitting applications for tax credits administered by the Department, applicants may choose to allow the Department to share their contact information on the central repository. Provides for the adoption of rules.
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| | A BILL FOR |
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| | HB3962 | | LRB102 02862 RJF 12871 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 |
| 6 | | is amended by adding Section 605-470 as follows:
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| 7 | | (20 ILCS 605/605-470 new) |
| 8 | | Sec. 605-470. Online central repository. The Department |
| 9 | | shall provide on its website a central repository for new and |
| 10 | | existing businesses that shall contain all permitting, |
| 11 | | licensing, and registration forms and documents needed to |
| 12 | | conduct business in Illinois, as well as content about how to |
| 13 | | start a business, industry-specific programming, connections |
| 14 | | to mentors, and referrals to investors. When submitting |
| 15 | | applications for tax credits administered by the Department, |
| 16 | | applicants may choose to allow the Department to share their |
| 17 | | contact information on the central repository. The Department |
| 18 | | may adopt rules necessary to implement this Section.
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