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| 1 | | AN ACT concerning State government.
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| 2 | | Be it enacted by the People of the State of Illinois, |
| 3 | | represented in the General Assembly:
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| 4 | | Section 5. The Department of Commerce and Economic |
| 5 | | Opportunity Law of the
Civil Administrative Code of Illinois is |
| 6 | | amended by adding Section 605-1020 as follows:
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| 7 | | (20 ILCS 605/605-1020 new) |
| 8 | | Sec. 605-1020. Entrepreneur Learner's Permit pilot |
| 9 | | program. |
| 10 | | (a) Subject to appropriation, there is hereby established |
| 11 | | an Entrepreneur Learner's Permit pilot program that shall be |
| 12 | | administered by the Department beginning on July 1 of the first |
| 13 | | fiscal year for which an appropriation of State moneys is made |
| 14 | | for that purpose and continuing for the next 2 immediately |
| 15 | | succeeding fiscal years; however, the Department is not |
| 16 | | required to administer the program in any fiscal year for which |
| 17 | | such an appropriation has not been made. The purpose of the |
| 18 | | program shall be to encourage and assist beginning |
| 19 | | entrepreneurs in starting new information services, |
| 20 | | biotechnology, and green technology businesses by providing |
| 21 | | reimbursements to those entrepreneurs for any State filing, |
| 22 | | permitting, or licensing fees associated with the formation of |
| 23 | | such a business in the State. |
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| 1 | | (b) Applicants for participation in the Entrepreneur |
| 2 | | Learner's Permit pilot program shall apply to the Department, |
| 3 | | in a form and manner prescribed by the Department, prior to the |
| 4 | | formation of the business for which the entrepreneur seeks |
| 5 | | reimbursement of those fees. The Department shall adopt rules |
| 6 | | for the review and approval of applications, provided that it |
| 7 | | (1) shall give priority to applicants who are female or |
| 8 | | minority persons, or both, and (2) shall not approve any |
| 9 | | application by a person who will not be a beginning |
| 10 | | entrepreneur. Reimbursements under this Section shall be |
| 11 | | provided in the manner determined by the Department. In no |
| 12 | | event shall an applicant apply for participation in the program |
| 13 | | more than 3 times. |
| 14 | | (c) The aggregate amount of all reimbursements provided by |
| 15 | | the Department pursuant to this Section shall not exceed |
| 16 | | $500,000 in any State fiscal year. |
| 17 | | (d) On or before February 1 of the last calendar year |
| 18 | | during which the pilot program is in effect, the Department |
| 19 | | shall submit a report to the Governor and the General Assembly |
| 20 | | on the cumulative effectiveness of the Entrepreneur Learner's |
| 21 | | Permit pilot program. The review shall include, but not be |
| 22 | | limited to, the number and type of businesses that were formed |
| 23 | | in connection with the pilot program, the current status of |
| 24 | | each business formed in connection with the pilot program, the |
| 25 | | number of employees employed by each such business, the |
| 26 | | economic impact to the State from the pilot program, the |
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| 1 | | satisfaction of participants in the pilot program, and a |
| 2 | | recommendation as to whether the program should be continued. |
| 3 | | (e) As used in this Section: |
| 4 | | "Beginning entrepreneur" means an individual who, at |
| 5 | | the time he or she applies for participation in the |
| 6 | | program, has less than 5 years of experience as a business |
| 7 | | owner and is not a current business owner. |
| 8 | | "Female" and "minority person" have the meanings given |
| 9 | | to those terms in the Business Enterprise for Minorities, |
| 10 | | Females, and Persons with Disabilities Act.
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| 11 | | Section 99. Effective date. This Act takes effect July 1, |
| 12 | | 2017. |