Illinois HB3870 appropriates $1,000,000 for a grant to Black Contractors, Owners, and Executives, Inc.
Illinois HB3870 allocates $1,000,000 from the General Revenue Fund to the Department of Commerce and Economic Opportunity. This funding is designated for a grant to Black Contractors, Owners, and Executives, Inc., aimed at fostering business development in underserved communities. The grant is intended to provide resources and support to Black-owned businesses, helping them expand and thrive. The act takes effect on July 1, 2025.
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- Legal Framework
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