BOST-RIGHTER-MYERS-LAWFER-JONES,JOHN AND NOVAK. (LUECHTEFELD-LAUZEN-MYERS,J) 20 ILCS 605/47.3 new 30 ILCS 105/5.480 new Amends the Civil Administrative Code of Illinois. Provides that the Department of Commerce and Community Affairs, in its discretion, may establish a program of grants to be matched by economic development entities in the State to finance and promote local economic development. Authorizes the Department to make grants, subject to appropriations by the General Assembly, from the Economic Development Matching Grants Program Fund, a special fund created in the State treasury, to nonprofit organizations and local units of government whose primary objectives are to promote Illinois communities as sites for industrial and business location and expansion. Provides that the applicant's proposed project must have a definable impact on business and industrial attraction, recruitment, or retention. Provides factors to be considered in choosing grant recipients. Provides that State grant dollars shall be evenly matched by the applicant. Provides that moneys appropriated to the program of grants shall be deposited into the Economic Development Matching Grants Program Fund and shall not lapse into the General Revenue Fund at the end of a fiscal year. Provides that these grants shall be in addition to any other grant programs currently in place and administered by the Department. Provides that the Department shall adopt rules to implement this program. Amends the State Finance Act to create the Economic Development Matching Grants Program Fund. Effective immediately. 98-01-26 H FILED WITH CLERK 98-01-26 H ADDED AS A JOINT SPONSOR RIGHTER 98-01-26 H ADDED AS A CO-SPONSOR MYERS 98-01-27 H FIRST READING 98-01-27 H REFERRED TO HOUSE RULES COMMITTEE RULES 98-02-18 H ASSIGNED TO COMMITTEE STATE GOV ADM 98-02-25 H DO PASS/STANDARD DEBATE 007-003-002 HSGE 98-02-25 H PLACED CAL 2ND READING-STANDARD DEBATE 98-02-26 H ADDED AS A CO-SPONSOR LAWFER 98-02-26 H ADDED AS A CO-SPONSOR JONES,JOHN 98-03-18 H SECOND READING-STANDARD DEBATE 98-03-18 H PLCD CAL ORDER 3RD READING-STNDRD DEBATE 98-03-19 H THIRD READING/STANDARD DEBATE/PASS 116-000-000 98-03-24 S ARRIVE IN SENATE 98-03-24 S PLACED CALENDAR ORDER OF FIRST READING 98-03-25 H ADDED AS A CO-SPONSOR NOVAK 98-03-26 S CHIEF SPONSOR LUECHTEFELD 98-03-31 S FIRST READING 98-03-31 S REFERRED TO SENATE RULES COMMITTEE RULES 98-04-01 S ASSIGNED TO COMMITTEE EXECUTIVE 98-04-22 S ADDED AS A CHIEF CO-SPONSOR LAUZEN 98-04-23 S DO PASS 012-000-000 SEXC 98-04-23 S PLACED ON CALENDAR ORDER OF 2ND READING 98-04-28 98-04-28 S SECOND READING 98-04-28 S PLACED ON CALENDAR ORDER OF 3RD READING 98-04-29 98-05-04 S ADDED AS A CHIEF CO-SPONSOR MYERS,J 98-05-04 S THIRD READING - PASSED 053-001-000 98-05-04 H PASSED BOTH HOUSES 98-06-02 H SENT TO THE GOVERNOR 98-07-30 H GOVERNOR APPROVED 98-07-30 H EFFECTIVE DATE 98-07-30 98-07-30 H PUBLIC ACT.............................. 90-0660 END OF INQUIRY Full Text Bill Summary