(415 ILCS 20/8)
Recycling Economic Development Program.
On or before March 1, 1994,
the Department shall issue a Request for Proposals that
invites individuals, not-for-profit corporations, and small businesses to
submit proposals to develop enterprises that use secondary materials that are
collected in municipal and business recycling programs for the manufacture of
recycled-content products. Grants to qualified applicants shall not exceed
$50,000 for any one proposal. The Department shall provide grants in an amount
not to exceed $150,000 during any one fiscal year. The terms of the grants
shall be determined by the Department. This program shall operate for a period
not to exceed 2 years.
The Department shall give priority to proposals that will create small scale
businesses in economically depressed areas. In determining the most viable
proposals, the Department may consider, in addition to its regular market
development program guidelines, the nature of the business, its capital needs,
benefits to the community, program budget constraints, local financing
opportunities, and the type of secondary material that will be used as
feedstock in the reuse or remanufacturing process.
The Department shall hold at least 2 informational meetings in the State to
publicize the existence of this recycling economic redevelopment Request for
Proposals and shall provide technical assistance to any
desiring such assistance. Grant recipients shall prepare and submit to the
Department a one year progress report which the Department shall summarize and
submit to the General Assembly along with recommendations on measures that the
State can undertake to stimulate small-scale market development ventures,
particularly in economically-depressed areas.
None of the provisions of this Section shall limit or affect other programs
administered by the Department pursuant to this Act.
(Source: P.A. 91-357, eff. 7-29-99.)