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92_HB4885
LRB9212305BDpk
1 AN ACT concerning grants.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 Section 5. The Technology Advancement and Development
5 Act is amended by changing Section 2003 as follows:
6 (20 ILCS 700/2003) (from Ch. 127, par. 3702-3)
7 Sec. 2003. Grant evaluation and amounts.
8 (a) The Department shall evaluate grant applications
9 based upon criteria provided under this Section. The
10 Department may seek the advice and recommendations of the
11 shall not award any Challenge Grant that is not recommended
12 for funding by the Illinois Science and Technology Advisory
13 Committee and the Illinois Coalition when making the
14 evaluations. In determining which grant applicants shall be
15 awarded a Challenge Grant, the Department shall conduct an
16 evaluation of prior compliance with loan or grant agreements
17 for any grant applicant previously funded by the Department.
18 In addition, the Department shall consider the following
19 criteria in determining grant awards: the relationship of a
20 proposed advanced technology project to the State's future
21 economic growth; the qualifications and expertise of
22 consultants, firms or organizations undertaking the effort;
23 the potential for leveraging federal or private research
24 dollars, or both, for the initiative; the extent of the
25 capacity of the applicant or the applicant partnership or
26 consortium to finance the initiative; the potential for
27 adapting, commercializing or adopting the results of the
28 applicant's project for the economic benefit of the State;
29 and the likelihood that the project has a potential for
30 creating new jobs or retaining current jobs in the State.
31 (b) The Director of the Department shall determine the
-2- LRB9212305BDpk
1 level of the grant award and shall determine the share of
2 total directly attributable costs of an advanced technology
3 project which may be considered for funding under this
4 Article.
5 (c) The Department and the Department of Natural
6 Resources are hereby authorized to cooperate with and provide
7 support to the Illinois Science and Technology Advisory
8 Committee and the Illinois Coalition. Such support may
9 include the provision of office space and may be technical,
10 advisory or operational in nature.
11 (Source: P.A. 91-357, eff. 7-29-99; 91-476, eff. 8-11-99.)
12 Section 99. Effective date. This Act takes effect upon
13 becoming law.