HB3144eng 103RD GENERAL ASSEMBLY

HB3144 Engrossed LRB103 26309 HLH 52670 b

AN ACT concerning revenue.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois is amended by adding Section 605-1110 as follows:

(20 ILCS 605/605-1110 new)

Sec. 605-1110. Local Chamber of Commerce Business Program. Subject to appropriation, the Department shall establish a Local Chamber of Commerce Business Program for the purpose of providing grants to certified local chambers of commerce. Grant moneys may be used to market and develop the service area of the chamber of commerce for the purposes of generating local, county, and State business taxes and to provide small businesses with professional development, business guidance, and best practices for sustainability. No single chamber of commerce shall receive grant funds under this program in excess of $50,000 in any State fiscal year.

Section 99. Effective date. This Act takes effect upon becoming law.