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HB2425 Engrossed |
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LRB095 00972 RCE 20974 b |
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| AN ACT concerning State government.
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| Be it enacted by the People of the State of Illinois, |
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| represented in the General Assembly:
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| Section 5. The Department of Commerce and Economic |
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| Opportunity Law of the
Civil Administrative Code of Illinois is |
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| amended by adding Section 605-513 as follows:
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| (20 ILCS 605/605-513 new) |
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| Sec. 605-513. Grant program for women entrepreneurs. |
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| (a) The Department must establish and maintain a program to |
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| make grants to women entrepreneurs. Under the program, the |
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| Department must annually collect nominations of potential |
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| grant recipients from local chambers of commerce in the State. |
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| The nominations must be submitted in the form and manner |
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| required by the Department and must contain any information |
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| reasonably required by the Department for the purpose of |
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| awarding grants. From the nominations, the Department must |
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| award a grant in the amount of $5,000 to 10 nominated |
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| individuals. |
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| (b) The Department must adopt any rule necessary for the |
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| administration of this Section.
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