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[ Introduced ] | [ House Amendment 001 ] |
90_HB2076eng New Act Creates the Empowerment Zone and Enterprise Community School Facility Act. Provides that the Department of Commerce and Community Affairs and the University of Illinois' Urban School Improvement Program shall implement an EZ/EC program to develop and demonstrate mechanisms to attract federal resources and private sector investments to administer the program and support the repair, renovation, and improvement of school buildings and facilities in communities designated under federal law or regulations as Empowerment Zones and Enterprise Communities. Specifies types of demonstration methods that employ federal EZ/EC incentives to leverage private investment in support of improving school buildings and facilities. Provides for implementation of the EZ/EC program in conjunction with schools in communities located in Chicago, East St. Louis, and Springfield. Effective immediately. LRB9004215THcw HB2076 Engrossed LRB9004215THcw 1 AN ACT to create the Empowerment Zone and Enterprise 2 Community Private Activity Bond Task Force. 3 Be it enacted by the People of the State of Illinois, 4 represented in the General Assembly: 5 Section 1. Short title. This Act may be cited as the 6 Empowerment Zone and Enterprise Community Private Activity 7 Bond Task Force Act. 8 Section 5. Creation; members. A task force, to be known 9 as the Empowerment Zone and Enterprise Community Private 10 Activity Bond Task Force, is created. The Task Force shall 11 consist of 8 members, including: 2 members of the House of 12 Representatives, one of whom shall be appointed by the 13 Speaker of the House and one of whom shall be appointed by 14 the Minority Leader of the House; 2 members of the Senate, 15 one of whom shall be appointed by the President of the Senate 16 and one of whom shall be appointed by the Minority Leader of 17 the Senate; and 4 members appointed by the Governor. 18 Section 10. Organization; rules. The Task Force shall, 19 within 30 days after all of the members have been appointed, 20 select one member as its Chairperson. The Task Force may make 21 any rules for the administration of the Task Force that are 22 not inconsistent with this Act. 23 Section 15. Studies and recommendations. The Task Force 24 shall study empowerment zone and enterprise community private 25 activity bond programs as a means of facilitating the 26 construction of schools and other community facilities. The 27 study shall evaluate funding options and the responsibilities 28 that the State, units of local government, and school 29 districts would share and perform incident to administration HB2076 Engrossed -2- LRB9004215THcw 1 and implementation of those programs. 2 Section 20. Reports and recommendations. On or before 3 March 1, 1998, the Task Force shall make a full report of its 4 studies and recommendations to the Governor and members of 5 the General Assembly. 6 Section 70. Repealer. This Act is repealed on May 31, 7 1998. 8 Section 99. Effective date. This Act takes effect upon 9 becoming law.