SB3920 Summary

• Appropriates $1,376,555,200 total to the Department of Commerce and Economic Opportunity for fiscal year beginning July 1, 2020, comprised of $44,326,000 General Funds, $311,020,000 Other State Funds, and $1,021,209,200 Federal Funds

• Funds operational expenses across multiple offices including Tourism ($30,888,000), Employment and Training ($300,000,000), Entrepreneurship and Innovation ($4,977,500), and Business Development

• Allocates $590,000,000 for community assistance programs including low-income energy assistance ($330,000,000), weatherization programs ($25,000,000), and community services block grants ($70,000,000)

• Appropriates $260,000,000 for community development assistance, including grants to local governments and technical assistance for Illinois cities with populations under 50,000

• Takes effect July 1, 2020