Amends the Hotel Operators' Occupation Tax Act. Provides that certain certified amounts of the proceeds from the tax shall be deposited into the Tourism Promotion Fund. Provides that those moneys shall be used by the municipality in which a local convention center is located to reimburse the local convention center for the amount of qualified incentives provided by the convention center. Effective immediately.
Amends the Illinois Insurance Code. Makes a technical change in a Section concerning the short title.
Amends the State Finance Act. Makes a technical change in a Section concerning the short title.
Appropriates $17,725,050 to the Office of the State's Attorneys Appellate Prosecutor for its ordinary and contingent expenses. Effective July 1, 2015.
Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.
Amends the Property Tax Code. Makes a technical change in a Section concerning the definition of "year".
Amends the Uniform Commercial Code. Makes a technical change in a Section concerning the implied repeal of the Act.
Creates the Microloan Program Act. Provides that the Director of Commerce and Economic Opportunity may (i) make grants to eligible intermediaries for the purpose of making short-term, fixed interest rate microloans to small business concerns, (ii) make grants to these intermediaries for the purpose of providing intensive marketing, management, and technical assistance to small business concerns that are borrowers under the Act, (iii) issue grants to administer a training program to train intermediaries in the knowledge, skills, and understanding of microlending necessary to operate successful microloan programs. Specifies criteria that eligible intermediaries must satisfy. Sets forth requirements for grants made to intermediaries; marketing, management, and technical assistance grants to intermediaries; and the equitable distribution of intermediaries. Provides that the Department of Commerce and Economic Opportunity may issue grants to administer a training program for intermediaries that presently have minimal or no expertise or experience in microlending. Requires the Department to file certain reports with the General Assembly. Authorizes the Department, subject to appropriation, to use the moneys in the Fund to carry out the purposes of the Microloan Program Act. Amends the State Finance Act. Creates the Business Loan and Investment Fund as a special fund in the State treasury.
Amends the State Finance Act. Makes a technical change in a Section concerning the short title.
Amends the Public Utilities Act. Makes a technical change in a Section concerning estimated billing practices.
