Illinois § 605-20

Full text of Illinois Illinois Compiled Statutes § 605-20, with citation guidance and answers to common questions.

§ 605-20.

Charges; gifts and grants; Economic Research and Information Fund. (a) To establish and collect charges and to accept gifts, grants, awards, matching contributions, financial participations, and cost sharings from individuals, businesses, governments, and other third party sources, on terms and conditions that the Director deems advisable, for any or all of the following purposes: (1) Preparing, producing, and disseminating economic research material and information in various formats and media. (2) Preparing, producing, and disseminating economic development strategies and planning products prepared as a guidance of the Illinois economy. (3) Planning, facilitating, entering into, and conducting public, private, or both public and private sector partnerships and other joint venture economic research, strategic planning, and pilot and demonstration projects that have as their purpose fostering increased understanding of the Illinois economy and the development, evaluation, and implementation of policies and strategies to foster economic growth. (4) Planning, facilitating, and conducting information dissemination and training outreach conferences, workshops, symposia, and award recognition ceremonies. (b) The Economic Research and Information Fund is created as a special fund in the State treasury, and all monies received pursuant to this Section shall be deposited into that Fund. Monies in the Economic Research and Information Fund may be expended for purposes consistent with the conditions under which those monies are received, subject to appropriations made by the General Assembly for those purposes. (Source: P.A. 91-239, eff. 1-1-00.)

Frequently Asked Questions About Illinois § 605-20

What does Illinois Compiled Statutes § 605-20 cover?

Section 605-20 is part of the Illinois Compiled Statutes, the codified statutory law of Illinois. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Illinois § 605-20?

A common citation format is "Illinois Compiled Statutes § 605-20" (Illinois). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Illinois law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Illinois official source linked on this page or consult a licensed Illinois attorney.

How does Illinois § 605-20 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Illinois can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Illinois.