The Partnership may receive funding through specific appropriations available for its purposes made to the Department. Moneys appropriated to the Department for the use of the Partnership as provided in this Act shall not be disbursed to the Partnership until the Partnership certifies to the Department that it has received at least $3 in private matching funds for every $1 so disbursed.
20 ILCS 745/1-25
Funding
Known as the Industrial Biotech Partnership Act
The act spans §§ 20-745-1-1 to 20-745-1-5 (10 sections).
P.A. 102-991, eff. 1-1-23.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.