Public Act 100-0679
 
HB4858 EnrolledLRB100 18965 RJF 34215 b

    AN ACT concerning finance.
 
    Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
 
    Section 5. The Industrial Development Assistance Law is
amended by changing Sections 3 and 6 as follows:
 
    (30 ILCS 720/3)  (from Ch. 85, par. 893)
    Sec. 3. Definitions. "Department" means the Department of
Commerce and Economic Opportunity.
    "Governing bodies" means, as to any county, municipality or
township, the body empowered to enact ordinances or to adopt
resolutions for the governance of such county, municipality or
township.
    "Industrial development agency" means any nonprofit
corporation, organization, association, or agency, including a
local school district or community college, which shall be
designated by proper resolution of the governing body of any
county, concurred in by resolution of the governing bodies of
municipalities or townships within said county having in the
aggregate over 50% of the population of said county, as
determined by the last preceding decennial United States
Census, as the agency authorized to make application to and
receive grants from the Department of Commerce and Economic
Opportunity for the purposes specified in this Act. Any two or
more counties may, by the procedures provided in this Act,
designate a single industrial development agency to represent
such counties for the purposes of this Act.
(Source: P.A. 94-793, eff. 5-19-06.)
 
    (30 ILCS 720/6)  (from Ch. 85, par. 896)
    Sec. 6. Payment of grants to industrial development
agencies.
    (a) Upon approval of each application and the making of a
grant by the department in accordance therewith, the department
shall give notice to the particular industrial development
agency of such approval and grant, and shall direct the
industrial development agency to proceed with its proposed
promotional program as described in its application and to use
therefor funds allocated by the industrial development agency
for such purpose. Upon the furnishing of satisfactory evidence
to the department, on a quarterly basis, that the particular
industrial development agency has so proceeded, the grant
allocated to such industrial development agency shall be paid
over on such basis to the industrial development agency by the
department.
    (b) In furtherance of the intent of this Act, a local
school district or community college may apply competitively
and receive a grant from the Department under this Act for the
acquisition of land, construction of facilities, and purchase
of equipment, dedicated solely to the instruction of
occupations in manufacturing. To be eligible under this
subsection (b), a school district or community college shall,
in addition to other industrial development agency
requirements under this Act, demonstrate that it provides
instruction leading to industry-based certificates or degrees,
or both, and its application is supported in writing by not
less than 15 local manufacturing employers for high schools or
25 manufacturing employers for community colleges.
(Source: P.A. 76-1961.)