Illinois Administrative Code
Title 14 - COMMERCE
Part 690 - BUSINESS INTERRUPTION GRANT PROGRAM
Subpart A - GENERAL PROVISIONS
Section 690.10 - Purpose

Universal Citation: 14 IL Admin Code ยง 690.10
Current through Register Vol. 48, No. 38, September 20, 2024

The purpose of the Business Interruption Grant Program (BIG) is to provide financial support to businesses that have experienced interruption of business or other adverse conditions attributable to the COVID-19 public health emergency [20 ILCS 605/605-1050]. Financial assistance provided through BIG shall be consistent with the requirements of section 5001 of the federal Coronavirus Aid, Relief, and Economic Security Act (P.L. 116-136) and any rules or guidance issued by the U.S. Department of the Treasury or other responsible federal agency. The provision of support to for-profit and not-for-profit businesses that have experienced adversity attributable to the COVID-19 epidemic is necessary response to the public health emergency. Financial assistance shall be prioritized for communities most in need of assistance, as determined by numbers or rates of infection and economic measures identified in this Part. BIG will be implemented in multiple phases of funding.

Disclaimer: These regulations may not be the most recent version. Illinois may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.