Full Text of HB4455 102nd General Assembly
HB4455ham001 102ND GENERAL ASSEMBLY | Rep. Carol Ammons Filed: 2/23/2022
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| 1 | | AMENDMENT TO HOUSE BILL 4455
| 2 | | AMENDMENT NO. ______. Amend House Bill 4455 by replacing | 3 | | everything after the enacting clause with the following:
| 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 605-1095 as follows: | 7 | | (20 ILCS 605/605-1095 new) | 8 | | Sec. 605-1095. Recovery Initiative to Support Employment | 9 | | (RISE) Grant Program. | 10 | | (a) The Department of Commerce and Economic Opportunity | 11 | | shall establish the Recovery Initiative to Support Employment | 12 | | (RISE) Grant Program. | 13 | | (b) From funds appropriated, directly or indirectly, from | 14 | | moneys received by the State from the Coronavirus State Fiscal | 15 | | Recovery Fund under the American Rescue Plan Act, the | 16 | | Department shall allocate $250,000,000 as grants to: (i) |
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| 1 | | businesses for the purpose of aiding in the employment of | 2 | | persons unemployed as a result of the COVID-19 public health | 3 | | emergency; and (ii) nonprofit organizations acting as | 4 | | community navigators that serve the purpose of aiding | 5 | | underserved businesses, including businesses owned or operated | 6 | | by minority persons, veterans, and women, in gaining access to | 7 | | relief funds and resources related to the COVID-19 public | 8 | | health emergency. | 9 | | (c) Eligible businesses shall receive grants in the amount | 10 | | of $5,000. To be eligible for a grant under this Section, a | 11 | | business must: (i) retrain and hire qualified employees; (ii) | 12 | | employ less than 50 employees; and (iii) create a net new job. | 13 | | Grants will be awarded in the order in which applications are | 14 | | received. A business shall be eligible for one grant provided | 15 | | under this Program. Once all applicants receive an initial | 16 | | grant, a business may apply for a second grant until the | 17 | | initial fund allocation is depleted. | 18 | | (d) Eligible community navigators shall receive grants in | 19 | | amounts ranging from $100,000 to $2,000,000. To be eligible | 20 | | for grants under this Section, a community navigator must be a | 21 | | nonprofit organization that provides outreach to hard-to-reach | 22 | | or underserved businesses to raise awareness of opportunities | 23 | | for federal or State support related to the COVID-19 public | 24 | | health emergency, including, but not limited to, aiding such | 25 | | businesses with access to grants, financial planning, | 26 | | marketing outreach, and technical assistance. Grants will be |
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| 1 | | awarded in the order in which applications are received. The | 2 | | number and scale of grants awarded will depend on the proposed | 3 | | scope of services provided by the community navigator in terms | 4 | | of geography and targeted business types. | 5 | | (e) The Department shall adopt rules for the | 6 | | implementation of this Section. | 7 | | (f) For purposes of this Section: | 8 | | "Net new job" means a full-time equivalent employment | 9 | | position that causes the taxpayer's average employee head | 10 | | count in the State for the calendar year in which the taxable | 11 | | year begins to exceed its employee head count in the State on | 12 | | the effective date of this amendatory Act of the 102nd General | 13 | | Assembly. | 14 | | "Qualified employee" means a resident of the State who is | 15 | | hired by the taxpayer to fill a net new job and was unemployed | 16 | | as a result of mandated business closures caused by the | 17 | | COVID-19 public health emergency prior to the date he or she | 18 | | was hired by the taxpayer. "Qualified employee" includes, but | 19 | | is not limited to, a resident who was self-employed, but | 20 | | became unemployed because of COVID-19. "Qualified employee" | 21 | | does not include an employee who was furloughed by the | 22 | | taxpayer and reinstated during the taxable year. ".
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