State of Illinois
Public Acts
92nd General Assembly

[ Home ]  [ ILCS ] [ Search ] [ Bottom ]
 [ Other General Assemblies ]

Public Act 92-0298

HB3203 Enrolled                                LRB9200725MWpk

    AN  ACT  concerning  the  Department  of   Commerce   and
Community Affairs.

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

    Section 5.  The  Department  of  Commerce  and  Community
Affairs  Law  of the Civil Administrative Code of Illinois is
amended by changing Sections 605-420 and 605-510 as follows:

    (20 ILCS 605/605-420) (was 20 ILCS 605/46.75)
    Sec. 605-420. Federal Workforce, Technology, and Economic
Development Fund.
    (a)  The Department may  accept  gifts,  grants,  awards,
matching  contributions, interest income, appropriations, and
cost sharings from individuals, businesses, governments,  and
other  third-party  sources, on terms that the Director deems
advisable, for any or all of the following purposes:
         (1)  (Blank)   to   assist   recipients,   including
    recipients  under  the  Temporary  Assistance  to   Needy
    Families  (TANF) program, to obtain and retain employment
    and become economically self-sufficient;
         (2)  to assist economically disadvantaged and  other
    youth  to  make  a  successful  transition from school to
    work; and
         (3)  to  assist  other  individuals   targeted   for
    services   through  education,  training,  and  workforce
    development programs to obtain employment-related  skills
    and obtain employment;.
         (4)  to identify, develop, commercialize, or promote
    technology within the State; and
         (5)  to  promote  economic  development  within  the
    State.
    (b)  The  Federal  Workforce,  Technology,  and  Economic
Development  Fund  is  created as a special fund in the State
Treasury.  On September 1, 2000, or as soon thereafter as may
be  reasonably  practicable,  the  State  Comptroller   shall
transfer from the Federal Workforce Development Fund into the
Title III Social Security and Employment Fund all moneys that
were  received  for  the purposes of Section 403(a)(5) of the
federal Social Security Act and remain  unobligated  on  that
date.  Beginning on the effective date of this amendatory Act
of  the 92nd 91st General Assembly, all moneys received under
this Section for the purposes of  Section  403(a)(5)  of  the
federal  Social  Security  Act,  except  moneys  that  may be
necessary to pay liabilities outstanding as of June 30, 2000,
shall be deposited into the Title  III  Social  Security  and
Employment  Fund,  and  all  other moneys received under this
Section  shall  be  deposited  into  the  Federal  Workforce,
Technology, and Economic Development Fund.
    Moneys received under this Section may  be  expended  for
purposes   consistent  with  the conditions under which those
moneys are received, subject to appropriations  made  by  the
General Assembly for those purposes.
(Source: P.A. 91-34, eff. 7-1-99; 91-704, eff. 7-1-00.)

    (20 ILCS 605/605-510) (was 20 ILCS 605/46.19h)
    Sec.  605-510. Study of laws affecting small business. To
study  the  effect  of  laws  affecting  small  business   to
determine  whether  those  laws  impede the creation of small
businesses or create economic damages for any small  business
group   that   may  jeopardize  the  small  business  group's
continuation in the marketplace or its valuable  contribution
to the economic growth of this State.  The study may shall be
conducted  in  cooperation  with  the  department  or  agency
administering  the  law  whose  effect  is the subject of the
study.  A general study of the laws affecting the creation of
small businesses in this State may shall be undertaken by the
Department and the results shall be reported to the  Governor
and the General Assembly by January 1, 1996.
    An  economic  impact  review  may  shall be made at least
every 2 years, and pertinent information  shall  be  gathered
from  the  business segment affected to determine whether the
laws  need  amendment  to  relieve  business   losses   while
retaining  the  substance  of the legislation, or whether the
original purpose has been accomplished and the laws should be
repealed.  The review shall be reported to the Governor,  the
General  Assembly,  and  the  administrating State agency, as
well  as  to  the   business   associations   most   directly
representing the business group involved.
    The Director may shall appoint a task force to assist the
Department  in  conducting  the  studies and reviews required
under this Section.  The task force  will  shall  consist  of
persons  representing small business and persons representing
the affected State departments and agencies.  Members of  the
task  force  shall  serve  without  compensation  but  may be
reimbursed for necessary expenses in  connection  with  their
duties  out  of  money  available  to the Department for that
purpose.
(Source: P.A. 91-239, eff. 1-1-00.)

    Section   10.   The  State  Finance  Act  is  amended  by
renumbering and changing Section 5.490, added by  Public  Act
91-34, as follows:

    (30 ILCS 105/5.493)
    Sec.  5.493.  5.490.   The Federal Workforce, Technology,
and Economic Development Fund.
(Source: P.A. 91-34, eff. 7-1-99; revised 11-12-99.)

    (30 ILCS 105/5.203 rep.)
    Section  15.   The  State  Finance  Act  is  amended   by
repealing Section 5.203.

    (30 ILCS 130/Act rep.)
    Section 20.  The Exxon Overcharge Fund Act is repealed.

    (305 ILCS 45/Act rep.)
    Section  25.   The  Work  Opportunity and Earnfare Act is
repealed.

    Section 99.  Effective date.  This Act takes effect  upon
becoming law.
    Passed in the General Assembly May 17, 2001.
    Approved August 09, 2001.

[ Top ]