state_legiscan_drain · IL
$DCEO-COMMUNITY DESK
April 15, 2026
Summary
If enacted, this bill would appropriate $7,500,000 from the General Revenue Fund to the Department of Commerce and Economic Opportunity for a grant to Community Desk Chicago to support commercial real estate projects collectively owned by local residents and small businesses through a shared ownership model. The grant aims to foster community ownership of commercial properties. The bill is effective July 1, 2026.
AI-generated summary · Jun 8, 2026. Verify with your compliance counsel before acting.
How this was generated
We record the exact prompt, model, and output for every AI response so it can be audited for accuracy.
Source: https://www.ilga.gov/Legislation/BillStatus?DocNum=5745&GAID=18&DocTypeID=HB&SessionID=114&GA=104
Common questions
- What does "$DCEO-COMMUNITY DESK" cover?
- If enacted, this bill would appropriate $7,500,000 from the General Revenue Fund to the Department of Commerce and Economic Opportunity for a grant to…
- When was it published?
- It was published on April 15, 2026.