90th General Assembly
Status of HB2533
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   20 ILCS 605/47.3 new                                                        
   30 ILCS 105/5.480 new                                                       

        Amends the Civil Administrative Code of Illinois.  Provides  that      
   the  Department  of Commerce and Community Affairs, in its discretion,      
   may  establish  a  program  of  grants  to  be  matched  by   economic      
   development  entities  in  the  State  to  finance  and  promote local      
   economic development.   Authorizes  the  Department  to  make  grants,      
   subject  to  appropriations by the General Assembly, from the Economic      
   Development Matching Grants Program Fund, a special  fund  created  in      
   the  State  treasury,  to  nonprofit  organizations and local units of      
   government  whose  primary  objectives   are   to   promote   Illinois      
   communities   as  sites  for  industrial  and  business  location  and      
   expansion.  Provides that the applicant's proposed project must have a      
   definable impact on business and industrial  attraction,  recruitment,      
   or  retention.   Provides  factors  to be considered in choosing grant      
   recipients.  Provides that State grant dollars shall be evenly matched      
   by the applicant.  Provides that moneys appropriated to the program of      
   grants shall be  deposited  into  the  Economic  Development  Matching      
   Grants  Program Fund and shall not lapse into the General Revenue Fund      
   at the end of a fiscal year.  Provides that these grants shall  be  in      
   addition   to   any  other  grant  programs  currently  in  place  and      
   administered by the Department.  Provides that  the  Department  shall      
   adopt rules to implement this program. Amends the State Finance Act to      
   create   the   Economic  Development  Matching  Grants  Program  Fund.      
   Effective immediately.                                                      
   98-01-26  H  FILED WITH CLERK                                               
   98-01-26  H  ADDED AS A JOINT SPONSOR                 RIGHTER               
   98-01-26  H  ADDED AS A CO-SPONSOR                    MYERS                 
   98-01-27  H  FIRST READING                                                  
   98-01-27  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   98-02-18  H       ASSIGNED TO COMMITTEE               STATE GOV ADM         
   98-02-25  H  DO PASS/STANDARD DEBATE                  007-003-002   HSGE    
   98-02-25  H  PLACED CAL 2ND READING-STANDARD DEBATE                         
   98-02-26  H  ADDED AS A CO-SPONSOR                    LAWFER                
   98-02-26  H  ADDED AS A CO-SPONSOR                    JONES,JOHN            
   98-03-18  H  SECOND READING-STANDARD DEBATE                                 
   98-03-18  H  PLCD CAL ORDER 3RD READING-STNDRD DEBATE                       
   98-03-19  H  THIRD READING/STANDARD DEBATE/PASS       116-000-000           
   98-03-24  S  ARRIVE IN SENATE                                               
   98-03-24  S  PLACED CALENDAR ORDER OF FIRST READING                         
   98-03-25  H  ADDED AS A CO-SPONSOR                    NOVAK                 
   98-03-26  S  CHIEF SPONSOR                            LUECHTEFELD           
   98-03-31  S  FIRST READING                                                  
   98-03-31  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   98-04-01  S       ASSIGNED TO COMMITTEE               EXECUTIVE             
   98-04-22  S  ADDED AS A CHIEF CO-SPONSOR              LAUZEN                
   98-04-23  S       DO PASS                             012-000-000   SEXC    
   98-04-23  S  PLACED ON CALENDAR ORDER OF 2ND READING  98-04-28              
   98-04-28  S  SECOND READING                                                 
   98-04-28  S  PLACED ON CALENDAR ORDER OF 3RD READING  98-04-29              
   98-05-04  S  ADDED AS A CHIEF CO-SPONSOR              MYERS,J               
   98-05-04  S  THIRD READING - PASSED                   053-001-000           
   98-05-04  H  PASSED BOTH HOUSES                                             
   98-06-02  H  SENT TO THE GOVERNOR                                           
   98-07-30  H  GOVERNOR APPROVED                                              
   98-07-30  H                            EFFECTIVE DATE 98-07-30              
   98-07-30  H  PUBLIC ACT.............................. 90-0660               


 Full Text  Bill Summary