Illinois General Assembly - Full Text of HB4993
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Full Text of HB4993  102nd General Assembly




HB4993 EngrossedLRB102 25676 RJF 34969 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
6is amended by adding Section 605-1095 as follows:
7    (20 ILCS 605/605-1095 new)
8    Sec. 605-1095. Local chambers of commerce recovery grants.
9The Department of Commerce and Economic Opportunity shall
10establish a grant program for local chambers of commerce. From
11funds appropriated, directly or indirectly, from moneys
12received by the State from the Coronavirus State Fiscal
13Recovery Fund under the American Rescue Plan Act, the
14Department shall allocate $5,000,000 as grants to eligible
15chambers of commerce in amounts equivalent to 2 months of lost
16revenue, or 1/6th of the annual lost revenue, between 2019 and
172020. Eligible chambers of commerce must have less than 1,500
18paid members. The Department shall adopt rules for the
19implementation of this Section.