Illinois General Assembly - Full Text of Public Act 095-0433
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Public Act 095-0433


 

Public Act 0433 95TH GENERAL ASSEMBLY



 


 
Public Act 095-0433
 
SB1665 Enrolled LRB095 09075 CMK 29267 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 Technology Advancement and Development Act
is amended by changing Section 2002 as follows:
 
    (20 ILCS 700/2002)  (from Ch. 127, par. 3702-2)
    Sec. 2002. Grant purposes.
    (a) Grants authorized under this Article shall be awarded
only for the following purposes: (i) applied innovation
research that provides initial grant funding to help serve
critical research and development projects to respond to
unique, advanced technology projects and which foster the
development of Illinois' economy through the advancement of the
State's economic, scientific, and technological assets, or
which are recognized as technology programs of exemplary and
outstanding research in the field of science and technology; or
to assist eligible applicants in the State apply for, or
qualify for and leverage, federal funds awarded for advanced
technology projects concerning research and development,
business innovation research or technical development, or the
transfer of useful technology to the private sector; (ii)
university and industry partnerships that create high-skill
employment opportunities and internship activities in the
communities that enable graduates and faculty to stay in
Illinois and university and industry initiatives that
strengthen the relationship between industry and academia in
Illinois so that applied university research is responsive to
the needs of the various state industries and industry
clusters; (iii) centers of excellence in technology
commercialization, innovation evaluation, and intellectual
property management that encourages the growth of new
enterprises based on technologies developed at Illinois
research centers including technology partnerships, technology
consortiums or research centers and industry technology
associations that are, or will be, established to perform
research and development in present and emerging technologies
that can be developed for use by commerce and industry; and
(iv) technology transfer projects involving promotion of new or
innovative technologies among small and medium-sized Illinois
manufacturers where the technologies have immediate commercial
application; training and information dissemination that is
directly applicable to small and medium-sized Illinois
manufacturer needs; or information transfer to Illinois based
research institution regarding best practice in industrial
commercialization of technology developments; (v) planning and
operational support for statewide support that improve
practices in technology commercialization including needs
assessment and evaluation of the status of technology
implementation throughout the State; and (vi) research and
testing of products that render the use of anhydrous ammonia
inert in the production of methamphetamine.
    (b) Grants awarded pursuant to this Article may be used to
help subsidize expenses, as approved by the Department, for
capital improvements, equipment, contractual services,
commodities, personnel, support costs, including
telecommunication, electronic data and commodities, or other
costs.
(Source: P.A. 91-476, eff. 8-11-99.)
 
    Section 99. Effective date. This Act takes effect July 1,
2007.

Effective Date: 8/24/2007