Assistant Majority Leader Tony Munoz is hosting a Senaior Fraun Seminar on June 25 at Our Lady of Good Counsel from 11 a.m. to 1:30 p.m.
CHICAGO - Today the Department of Commerce and Economic Opportunity’s Office of Minority Economic Empowerment is posting two Notification of Funding Opportunities for a total of $15 million to provide minority-owned businesses with resources to help create jobs, build capacity, increase revenues, and expand regionally. The announcement marks the first time the program has been funded.
“My administration is committed to expanding opportunities for minority-owned businesses, especially as an important way to help underserved communities grow,” said Governor Pritzker. “This funding will help businesses overcome one of their key obstacles – access to capital – and will help businesses across the state grow.”
“A key component of our mission at DCEO is to ensure minority enterprises have an equal opportunity to grow their businesses and succeed,” said DCEO Acting Director Erin Guthrie. “We are excited about the opportunity to provide the assistance these businesses need to bolster their economic impact in communities most in need.”
$10 million in funding is open to minority-owned businesses located in underserved populations. Eligible applicants include minority- owned businesses using the federal definition of minority owned firms (at least 51% of the firm is directly and unconditionally owned by one or more members of a minority group), start-ups or established businesses requiring public infrastructure improvements. $5 million in funding is available for incubators who serve or would like to serve minority-owned businesses.
The Department of Commerce and Economic Opportunity will offer informational workshops across the state for businesses and incubators seeking additional details about the grants. Sessions will be held in various neighborhoods including Pilsen, Little Village, Metro East, Southland, Decatur, Westside, West Suburbs, and Rockford. Interested applicants can also stop by one of the small business development centers located across Illinois. The application process is competitive and not all businesses or incubators will receive funding. Interested parties can go to https://www2.illinois.gov/dceo/AboutDCEO/Pages/2019_OMEE_NOFO.aspx to learn more about the application process and upcoming workshops.
SPRINGFIELD – Individuals wanting to transfer their license plate to a spouse or child could soon do so free of charge under legislation led by Assistant Majority Leader Tony Munoz (D-Chicago).
“We’re eliminating an extra cost on families who simply want to transfer a license plate to a spouse or child,” Munoz said. “We allow vehicles to be sold to family members at a low cost, and it’s unnecessary to charge more for the gifting of a license plate.”
The fee for transferring a license plate would be waived by the secretary of state after both parties sign a form authorizing the reassignment of the registration.
The legislation was approved by the Senate Transportation Committee on Wednesday, and will move on to the full Senate for consideration.
SPRINGFIELD – The Illinois Senate approved a constitutional amendment that would allow the state to implement a Fair Tax structure on Wednesday. Assistant Majority Leader Tony Munoz (D-Chicago) released the following statement after the vote:
“The people in my district want to see better schools, improved roads and economic development and for years they have invested more of their hard-earned money on those services than the millionaires and billionaires living just down the street.
“This is a step to ending that inequity, and I’m looking forward to seeing the support from voters on this important change.”
Senate Joint Resolution Constitutional Amendment 1 removes the requirement for a flat income tax rate currently in the Illinois Constitution. The legislation awaits approval from the House before it can be put before voters on the 2020 election ballot.
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