Illinois General Assembly - Full Text of SB3033
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Full Text of SB3033  100th General Assembly




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1    AN ACT concerning finance.
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
4    Section 5. The Industrial Development Assistance Law is
5amended by changing Sections 3 and 6 as follows:
6    (30 ILCS 720/3)  (from Ch. 85, par. 893)
7    Sec. 3. Definitions. "Department" means the Department of
8Commerce and Economic Opportunity.
9    "Governing bodies" means, as to any county, municipality or
10township, the body empowered to enact ordinances or to adopt
11resolutions for the governance of such county, municipality or
13    "Industrial development agency" means any nonprofit
14corporation, organization, association, or agency, including a
15local school district or community college, which shall be
16designated by proper resolution of the governing body of any
17county, concurred in by resolution of the governing bodies of
18municipalities or townships within said county having in the
19aggregate over 50% of the population of said county, as
20determined by the last preceding decennial United States
21Census, as the agency authorized to make application to and
22receive grants from the Department of Commerce and Economic
23Opportunity for the purposes specified in this Act. Any two or



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1more counties may, by the procedures provided in this Act,
2designate a single industrial development agency to represent
3such counties for the purposes of this Act.
4(Source: P.A. 94-793, eff. 5-19-06.)
5    (30 ILCS 720/6)  (from Ch. 85, par. 896)
6    Sec. 6. Payment of grants to industrial development
8    (a) Upon approval of each application and the making of a
9grant by the department in accordance therewith, the department
10shall give notice to the particular industrial development
11agency of such approval and grant, and shall direct the
12industrial development agency to proceed with its proposed
13promotional program as described in its application and to use
14therefor funds allocated by the industrial development agency
15for such purpose. Upon the furnishing of satisfactory evidence
16to the department, on a quarterly basis, that the particular
17industrial development agency has so proceeded, the grant
18allocated to such industrial development agency shall be paid
19over on such basis to the industrial development agency by the
21    (b) In furtherance of the intent of this Act, a local
22school district or community college may apply competitively
23and receive a grant from the Department under this Act for the
24acquisition of land, construction of facilities, and purchase
25of equipment, dedicated solely to the instruction of



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1occupations in manufacturing. To be eligible under this
2subsection (b), a school district or community college shall,
3in addition to other industrial development agency
4requirements under this Act, demonstrate that it provides
5instruction leading to industry-based certificates or degrees,
6or both, and its application is supported in writing by not
7less than 15 local manufacturing employers for high schools or
825 manufacturing employers for community colleges.
9(Source: P.A. 76-1961.)