Comments: IL SB1982 | 2021-2022 | 102nd General Assembly

Bill Title: Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Provides that of the federal funds received by the State for purposes related to the COVID-19 public health emergency, 25% of any such funds shall be allocated as grants to businesses with less than 50 employees. Provides eligibility requirements for businesses seeking to receive such grants. Provides that the Department of Commerce and Economic Opportunity shall award grants in the amount of $5,000 to eligible businesses. Provides that a business shall only be eligible for one such grant. Requires the Department to publish the names of the businesses that are awarded grants on its Internet website. Provides for the adoption of rules.

Spectrum: Bipartisan Bill

Status: (Introduced) 2021-04-22 - Added as Co-Sponsor Sen. Brian W. Stewart [SB1982 Detail]

Text: Latest bill text (Introduced) [HTML]

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