Illinois General Assembly - Full Text of Public Act 095-0056
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Public Act 095-0056


 

Public Act 0056 95TH GENERAL ASSEMBLY



 


 
Public Act 095-0056
 
HB0407 Enrolled LRB095 06561 CMK 26664 b

    AN ACT concerning State government.
 
    Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
 
    Section 5. The Department of Commerce and Economic
Opportunity Law of the Civil Administrative Code of Illinois is
amended by adding Section 605-45 as follows:
 
    (20 ILCS 605/605-45 new)
    Sec. 605-45. Economic development grants; policy
considerations. When awarding grants for any economic
development purpose, the Department must consider (i)
reserving and targeting State business incentives to areas with
high unemployment or low income and (ii) if the applicant
seeking the grant is located in a metropolitan area, whether
that metropolitan area meets location efficiency standards.
 
    Section 99. Effective date. This Act takes effect upon
becoming law.

Effective Date: 8/10/2007