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92_HB0479
LRB9205049JMmb
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 Section 605-450 as follows:
8 (20 ILCS 605/605-450) (was 20 ILCS 605/46.19g)
9 Sec. 605-450. Community economic emergencies.
10 (a) Upon the recommendation of the Director, the
11 Governor may find that an economic emergency exists in a
12 designated Illinois community. The finding shall be based on
13 one or more of the following conditions:
14 (1) There has been a relocation or closing of
15 operations of a major private employer in the community.
16 (2) There has been a closing or relocation of a
17 major public employer in the community.
18 (3) A natural disaster has resulted in substantial
19 damage to the local economy.
20 (4) The community or a portion of it has been
21 declared a disaster area by the federal government.
22 (5) A decision by the federal or State government
23 or by a foreign government has done substantial damage to
24 the local economy.
25 (6) A high level of poverty or unemployment is
26 chronic in the community.
27 (b) Upon a finding by the Governor that an economic
28 emergency exists in a designated Illinois community, the
29 Governor shall convene an Economic Emergency Council. The
30 Council shall consist of 11 members as follows: the Director
31 of Commerce and Community Affairs, ex officio, the Director
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1 of the Illinois Development Finance Authority, ex officio,
2 the Director of the Illinois Housing Development Authority,
3 ex officio, and 8 members representing the designated
4 community appointed by the Governor with the advice and
5 consent of the Senate. Of the 8 members appointed by the
6 Governor, 4 shall be representatives of business and finance,
7 2 shall be representatives of labor, and 2 shall be
8 representatives of education. Each member of the General
9 Assembly whose legislative district or representative
10 district lies in whole or in part within the designated
11 community shall also be a member of the Council, ex officio.
12 Members of a Council shall serve without compensation but may
13 be reimbursed for their reasonable and necessary expenses
14 incurred in the performance of their duties.
15 (c) An Economic Emergency Council shall develop a plan
16 to address the designated community's economic needs and
17 shall recommend that plan to the Governor and to the General
18 Assembly for further resolution and appropriation. The plan
19 may include extending enterprise zone tax incentives, making
20 economic development business loans and grants, making
21 infrastructure rehabilitation loans and grants, extending job
22 training and retraining assistance, extending tax increment
23 financing, and other appropriate economic programs or
24 incentives.
25 (d) The Illinois Economic Emergency Assistance Fund is
26 created as a special fund in the State treasury for the
27 purpose of channeling moneys to designated communities upon
28 further resolution and appropriation by the General
29 Assembly. In addition to amounts that may be appropriated to
30 the fund, gifts or grants from any legal source may be
31 deposited into the fund. Any fees or other charges collected
32 by the Department in connection with programs under this
33 Section shall also be deposited into the fund.
34 (Source: P.A. 91-239, eff. 1-1-00.)