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IL HB2991
Bill
Status
Introduced
2/6/2025
Primary Sponsor
Terra Costa Howard
Click for details
AI Summary
- Starting in Fiscal Year 2026, the Department of Commerce and Economic Opportunity must advance 50% of grant funds to certified tourism and convention bureaus that received funding in the prior fiscal year
- Vouchers for these advance payments must be submitted to the Comptroller by July 31 of each fiscal year
- The advance payment provision is subject to sufficient appropriation by the General Assembly
- Authorizes the Department to adopt emergency rules to expedite implementation of the new advance funding requirements
- The emergency rulemaking authority expires one year after the Act takes effect
Legislative Description
DCEO-TOURISM GRANTS
Last Action
Added Co-Sponsor Rep. Martha Deuter
3/24/2025
Committee Referrals
Rules3/21/2025
Tax Policy: Other Taxes3/6/2025
Revenue & Finance3/4/2025
Rules2/6/2025
Full Bill Text
No bill text available