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| | 97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012 HB5302 Introduced 2/8/2012, by Rep. La Shawn K. Ford SYNOPSIS AS INTRODUCED: |
| 20 ILCS 605/605-1015 new | | 30 ILCS 105/5.811 new | |
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Amends the Department of Commerce and Economic Opportunity Law of the
Civil Administrative Code of Illinois. Provides that the Department shall establish a searchable online database containing information about businesses located in Illinois. Contains provisions concerning registration of businesses. Provides that the Department shall charge an initial registration fee of $100 for small businesses and $200 for businesses that are not small businesses. Provides that the Department shall charge an annual fee of $25 for each registered small business and $50 for each registered business that is not a small business. Provides that the fees shall be deposited into the Illinois Chamber of Commerce Support Fund. Amends the State Finance Act to create the Fund.
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| | | FISCAL NOTE ACT MAY APPLY | |
| | A BILL FOR |
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| | HB5302 | | LRB097 16019 HLH 61170 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 605-1015 as follows: |
7 | | (20 ILCS 605/605-1015 new) |
8 | | Sec. 605-1015. Illinois business database. The Department |
9 | | shall establish a searchable online database containing |
10 | | information about businesses located in Illinois. The database |
11 | | shall be accessible to the public on the Department's website. |
12 | | Each business that is located in Illinois and registers with |
13 | | the Department for inclusion in the database shall be included |
14 | | in the database. The Department shall charge an initial |
15 | | registration fee of $100 for small businesses and $200 for |
16 | | businesses that are not small businesses. Thereafter, the |
17 | | Department shall charge an annual fee of $25 for each |
18 | | registered small business and $50 for each registered business |
19 | | that is not a small business. Moneys collected from the fees |
20 | | charged under this Section shall be deposited into the Illinois |
21 | | Chamber of Commerce Support Fund, a special fund created in the |
22 | | State treasury. Moneys in the Illinois Chamber of Commerce |
23 | | Support Fund shall be used by the Department to make grants to |