Bill Amendment: IL SB0986 | 2019-2020 | 101st General Assembly
NOTE: For additional amemendments please see the Bill Drafting List
Bill Title: ECONOMIC DEVELOPMENT-TECH
Status: 2021-01-13 - Session Sine Die [SB0986 Detail]
Download: Illinois-2019-SB0986-Senate_Amendment_001.html
Bill Title: ECONOMIC DEVELOPMENT-TECH
Status: 2021-01-13 - Session Sine Die [SB0986 Detail]
Download: Illinois-2019-SB0986-Senate_Amendment_001.html
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| 1 | AMENDMENT TO SENATE BILL 986
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| 2 | AMENDMENT NO. ______. Amend Senate Bill 986 by replacing | ||||||
| 3 | everything after the enacting clause with the following:
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| 4 | "Section 5. The Illinois Promotion Act is amended by | ||||||
| 5 | changing Section 8b as follows:
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| 6 | (20 ILCS 665/8b) | ||||||
| 7 | Sec. 8b. Municipal convention center and sports facility | ||||||
| 8 | attraction grants. | ||||||
| 9 | (a) Until July 1, 2022, the Department is authorized to | ||||||
| 10 | make grants, subject to appropriation by the General Assembly, | ||||||
| 11 | from the Tourism Promotion Fund to a unit of local government, | ||||||
| 12 | municipal convention center, or convention center authority | ||||||
| 13 | that provides incentives, as defined in subsection (i) of | ||||||
| 14 | Section 3 of this Act, for the purpose of attracting | ||||||
| 15 | conventions, meetings, and trade shows to municipal convention | ||||||
| 16 | centers and attracting sporting events to municipal amateur | ||||||
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| 1 | sports facilities. If there is no municipal convention center | ||||||
| 2 | located within a unit of local government, then the Department | ||||||
| 3 | may make grants, subject to appropriation by the General | ||||||
| 4 | Assembly, from the Tourism Promotion Fund to that unit of local | ||||||
| 5 | government for the purpose of attracting conventions, | ||||||
| 6 | meetings, and trade shows to private convention centers located | ||||||
| 7 | in the unit of local government. Grants awarded under this | ||||||
| 8 | Section shall be based on the net proceeds received under the | ||||||
| 9 | Hotel Operators' Occupation Tax Act for the renting, leasing, | ||||||
| 10 | or letting of hotel rooms in the municipality for the month in | ||||||
| 11 | which the convention, meeting, trade show, or sporting event | ||||||
| 12 | occurs. Grants shall not exceed 80% of the incentive amount | ||||||
| 13 | provided by the unit of local government, municipal convention | ||||||
| 14 | center, or convention center authority. Further, in no event | ||||||
| 15 | may the aggregate amount of grants awarded to a single | ||||||
| 16 | municipal convention center, convention center authority, or | ||||||
| 17 | municipal amateur sports facility exceed $200,000 in any | ||||||
| 18 | calendar year. The Department may, by rule, require any other | ||||||
| 19 | provisions it deems necessary in order to protect the State's | ||||||
| 20 | interest in administering this program. | ||||||
| 21 | (b) No later than May 15 of each year, through May 15, | ||||||
| 22 | 2022, the unit of local government, municipal convention | ||||||
| 23 | center, or convention center authority shall certify to the | ||||||
| 24 | Department the amounts of funds expended in the previous fiscal | ||||||
| 25 | year to provide qualified incentives; however, in no event may | ||||||
| 26 | the certified amount pursuant to this paragraph exceed $200,000 | ||||||
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| 1 | for any municipal convention center, convention center | ||||||
| 2 | authority, or municipal amateur sports facility in any calendar | ||||||
| 3 | year. The unit of local government, convention center, or | ||||||
| 4 | convention center authority shall certify (A) the net proceeds | ||||||
| 5 | received under the Hotel Operators' Occupation Tax Act for the | ||||||
| 6 | renting, leasing, or letting of hotel rooms in the municipality | ||||||
| 7 | for the month in which the convention, meeting, or trade show | ||||||
| 8 | occurs and (B) the average of the net proceeds received under | ||||||
| 9 | the Hotel Operators' Occupation Tax Act for the renting, | ||||||
| 10 | leasing, or letting of hotel rooms in the municipality for the | ||||||
| 11 | same month in the 3 immediately preceding years. The unit of | ||||||
| 12 | local government, municipal convention center, or convention | ||||||
| 13 | center authority shall include the incentive amounts as part of | ||||||
| 14 | its regular audit. | ||||||
| 15 | (b-5) Grants awarded to a unit of local government, | ||||||
| 16 | municipal convention center, or convention center authority | ||||||
| 17 | may be made by the Department of Commerce and Economic | ||||||
| 18 | Opportunity from appropriations for those purposes for any | ||||||
| 19 | fiscal year, without regard to the fact that the qualification | ||||||
| 20 | or obligation may have occurred in a prior fiscal year. | ||||||
| 21 | (c) The Department shall submit a report, which must be | ||||||
| 22 | provided electronically, on the effectiveness of the program | ||||||
| 23 | established under this Section to the General Assembly no later | ||||||
| 24 | than January 1, 2022.
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| 25 | (Source: P.A. 99-476, eff. 8-27-15; 100-643, eff. 7-27-18.)
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| 1 | Section 99. Effective date. This Act takes effect upon | ||||||
| 2 | becoming law.".
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