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92_HB3203eng
HB3203 Engrossed LRB9200725MWpk
1 AN ACT concerning the Department of Commerce and
2 Community Affairs.
3 Be it enacted by the People of the State of Illinois,
4 represented in the General Assembly:
5 Section 5. The Department of Commerce and Community
6 Affairs Law of the Civil Administrative Code of Illinois is
7 amended by changing Sections 605-420 and 605-510 as follows:
8 (20 ILCS 605/605-420) (was 20 ILCS 605/46.75)
9 Sec. 605-420. Federal Workforce, Technology, and Economic
10 Development Fund.
11 (a) The Department may accept gifts, grants, awards,
12 matching contributions, interest income, appropriations, and
13 cost sharings from individuals, businesses, governments, and
14 other third-party sources, on terms that the Director deems
15 advisable, for any or all of the following purposes:
16 (1) (Blank) to assist recipients, including
17 recipients under the Temporary Assistance to Needy
18 Families (TANF) program, to obtain and retain employment
19 and become economically self-sufficient;
20 (2) to assist economically disadvantaged and other
21 youth to make a successful transition from school to
22 work; and
23 (3) to assist other individuals targeted for
24 services through education, training, and workforce
25 development programs to obtain employment-related skills
26 and obtain employment;.
27 (4) to identify, develop, commercialize, or promote
28 technology within the State; and
29 (5) to promote economic development within the
30 State.
31 (b) The Federal Workforce, Technology, and Economic
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1 Development Fund is created as a special fund in the State
2 Treasury. On September 1, 2000, or as soon thereafter as may
3 be reasonably practicable, the State Comptroller shall
4 transfer from the Federal Workforce Development Fund into the
5 Title III Social Security and Employment Fund all moneys that
6 were received for the purposes of Section 403(a)(5) of the
7 federal Social Security Act and remain unobligated on that
8 date. Beginning on the effective date of this amendatory Act
9 of the 92nd 91st General Assembly, all moneys received under
10 this Section for the purposes of Section 403(a)(5) of the
11 federal Social Security Act, except moneys that may be
12 necessary to pay liabilities outstanding as of June 30, 2000,
13 shall be deposited into the Title III Social Security and
14 Employment Fund, and all other moneys received under this
15 Section shall be deposited into the Federal Workforce,
16 Technology, and Economic Development Fund.
17 Moneys received under this Section may be expended for
18 purposes consistent with the conditions under which those
19 moneys are received, subject to appropriations made by the
20 General Assembly for those purposes.
21 (Source: P.A. 91-34, eff. 7-1-99; 91-704, eff. 7-1-00.)
22 (20 ILCS 605/605-510) (was 20 ILCS 605/46.19h)
23 Sec. 605-510. Study of laws affecting small business. To
24 study the effect of laws affecting small business to
25 determine whether those laws impede the creation of small
26 businesses or create economic damages for any small business
27 group that may jeopardize the small business group's
28 continuation in the marketplace or its valuable contribution
29 to the economic growth of this State. The study may shall be
30 conducted in cooperation with the department or agency
31 administering the law whose effect is the subject of the
32 study. A general study of the laws affecting the creation of
33 small businesses in this State may shall be undertaken by the
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1 Department and the results shall be reported to the Governor
2 and the General Assembly by January 1, 1996.
3 An economic impact review may shall be made at least
4 every 2 years, and pertinent information shall be gathered
5 from the business segment affected to determine whether the
6 laws need amendment to relieve business losses while
7 retaining the substance of the legislation, or whether the
8 original purpose has been accomplished and the laws should be
9 repealed. The review shall be reported to the Governor, the
10 General Assembly, and the administrating State agency, as
11 well as to the business associations most directly
12 representing the business group involved.
13 The Director may shall appoint a task force to assist the
14 Department in conducting the studies and reviews required
15 under this Section. The task force will shall consist of
16 persons representing small business and persons representing
17 the affected State departments and agencies. Members of the
18 task force shall serve without compensation but may be
19 reimbursed for necessary expenses in connection with their
20 duties out of money available to the Department for that
21 purpose.
22 (Source: P.A. 91-239, eff. 1-1-00.)
23 Section 10. The State Finance Act is amended by
24 renumbering and changing Section 5.490, added by Public Act
25 91-34, as follows:
26 (30 ILCS 105/5.493)
27 Sec. 5.493. 5.490. The Federal Workforce, Technology,
28 and Economic Development Fund.
29 (Source: P.A. 91-34, eff. 7-1-99; revised 11-12-99.)
30 (30 ILCS 105/5.203 rep.)
31 Section 15. The State Finance Act is amended by
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1 repealing Section 5.203.
2 (30 ILCS 130/Act rep.)
3 Section 20. The Exxon Overcharge Fund Act is repealed.
4 (305 ILCS 45/Act rep.)
5 Section 25. The Work Opportunity and Earnfare Act is
6 repealed.
7 Section 99. Effective date. This Act takes effect upon
8 becoming law.
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