101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020
SB3358

 

Introduced 2/14/2020, by Sen. Elgie R. Sims, Jr.

 

SYNOPSIS AS INTRODUCED:
 
20 ILCS 605/605-1045 new

    Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Establishes the Illinois Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Matching Funds Program to be administered by the Department of Commerce and Economic Opportunity. Provides that the Department of Commerce and Economic Opportunity may make grants to eligible businesses to match federal funds received by the business as an SBIR or STTR Phase I award and to encourage businesses to apply for Phase II awards up to a maximum of $50,000. Effective July 1, 2020.


LRB101 18688 RJF 68143 b

 

 

A BILL FOR

 

SB3358LRB101 18688 RJF 68143 b

1    AN ACT concerning State government.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Department of Commerce and Economic
5Opportunity Law of the Civil Administrative Code of Illinois is
6amended by adding Section 605-1045 as follows:
 
7    (20 ILCS 605/605-1045 new)
8    Sec. 605-1045. Illinois SBIR/STTR Matching Funds Program.
9    (a) There is established the Illinois Small Business
10Innovation Research (SBIR) and Small Business Technology
11Transfer (STTR) Matching Funds Program to be administered by
12the Department. In order to foster job creation and economic
13development in the State, the Department may make grants to
14eligible businesses to match funds received by the business as
15an SBIR or STTR Phase I award and to encourage businesses to
16apply for Phase II awards.
17    (b) In order to be eligible for a grant under this Section,
18a business must satisfy all of the following conditions:
19        (1) The business must be a for-profit, Illinois-based
20    business. For the purposes of this Section, an
21    Illinois-based business is one that has its principal place
22    of business in this State.
23        (2) The business must have received an SBIR/STTR Phase

 

 

SB3358- 2 -LRB101 18688 RJF 68143 b

1    I award from a participating federal agency in response to
2    a specific federal solicitation. To receive the full match,
3    the business must also have submitted a final Phase I
4    report, demonstrated that the sponsoring agency has
5    interest in the Phase II proposal, and submitted a Phase II
6    proposal to the agency.
7        (3) The business must satisfy all federal SBIR/STTR
8    requirements.
9        (4) The business shall not receive concurrent funding
10    support from other sources that duplicates the purpose of
11    this Section.
12        (5) The business must certify that at least 51% of the
13    research described in the federal SBIR/STTR Phase II
14    proposal will be conducted in this State and that the
15    business will remain an Illinois-based business for the
16    duration of the SBIR/STTR Phase II project.
17        (6) The business must demonstrate its ability to
18    conduct research in its SBIR/STTR Phase II proposal.
19    (c) The Department may award grants to match the funds
20received by a business through an SBIR/STTR Phase I proposal up
21to a maximum of $50,000. Seventy-five percent of the total
22grant shall be remitted to the business upon receipt of the
23SBIR/STTR Phase I award and application for funds under this
24Section. Twenty-five percent of the total grant shall be
25remitted to the business upon submission by the business of the
26Phase II application to the funding agency and acceptance of

 

 

SB3358- 3 -LRB101 18688 RJF 68143 b

1the Phase I report by the funding agency. A business may
2receive only one grant under this Section per year. A business
3may receive only one grant under this Section with respect to
4each federal proposal submission. Over its lifetime, a business
5may receive a maximum of 5 awards under this Section.
6    (d) A business shall apply, under oath, to the Department
7for a grant under this Section on a form prescribed by the
8Department that includes at least all of the following:
9        (1) the name of the business, the form of business
10    organization under which it is operated, and the names and
11    addresses of the principals or management of the business;
12        (2) an acknowledgment of receipt of the Phase I report
13    and Phase II proposal by the relevant federal agency; and
14        (3) any other information necessary for the Department
15    to evaluate the application.
 
16    Section 99. Effective date. This Act takes effect July 1,
172020.