Illinois Administrative Code (Last Updated: March 27, 2024) |
TITLE14. COMMERCE |
PART510. ILLINOIS PROMOTION ACT PROGRAMS |
SUBPARTC. TOURISM ATTRACTION DEVELOPMENT GRANT AND LOAN PROGRAM |
§510.220. Eligible Uses of Grant and Loan Funds
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a) Eligible Projects and Activities – The Program shall provide grants and loans to eligible Applicants for Projects and activities including, but not limited to, the following:
1) Capital Projects – land and building acquisition, construction and renovation of buildings for the purpose of creating or enhancing a Tourism Attraction;
2) Equipment – purchase and installation of machinery and equipment designed to create or enhance the Tourism Attraction, or rental of equipment for a Festival;
3) Training – development and presentation of hospitality, quality service and/or other types of tourism training programs intended to provide a competitive workforce for the tourism industry of Illinois;
4) Interpretive Programs – creation, implementation and staffing of, and fabrication of exhibits for, interpretive programs located within historic/cultural sites.
b) Ineligible Projects and Activities – Projects and activities ineligible for funding include, but are not limited to, the following:
1) Debt refinancing;
2) Contingency funding;
3) Normal operating expenses; and
4) Administrative expenses except administrative expenses to hire temporary staff for Festivals; and
5) Purchase of alcoholic beverages.
(Source: Amended at 46 Ill. Reg. 11991, effective July 1, 2022)