Illinois Administrative Code › Title 14 - COMMERCE › Part 691 - BACK TO BUSINESS GRANT PROGRAM › Subpart A - GENERAL PROVISIONS › Section 691.20 - Definitions

Current through Register Vol. 48, No. 28, July 12, 2024
"Affiliate" means another business that is at least 50% or
				  more owned or controlled by a person with at least 50% ownership or control of
				  the Applicant.
"Allowable Expenditure" means a necessary expenditure that
				  the Department has authorized for reimbursement under the Program in accordance
				  with Section 691.110.
"Applicant" means a Qualifying Business that applies for
				  funding under the Program.
"ARPA" means the American Rescue Plan Act (P.L.
				  117-2).
"Authorized Representative" is an individual with legal
				  authority to bind the business or non-profit organization.
"Business" means a for-profit enterprise or non-profit
				  organization lawfully conducting business in Illinois.
"Business district(s)" means an area containing shops and
				  offices where persons engage in the purchase and sale of commodities or in
				  related financial transactions.
"COVID-19" means
the novel coronavirus disease deemed
				  COVID-19 by the World Health Organization on February 11, 2020
[20 ILCS
				  605/605-1050(g)(1) ].
"COVID-19 Public Health Emergency" means the Statewide public
				  health emergency declared March 9, 2020, the national public health emergency
				  declared March 13, 2020, and the major disaster declared in Illinois by the
				  President on March 26, 2020.
"COVID-19 Prevention Directives" means all state laws,
				  orders, administrative rules and guidance relevant to and in effect during the
				  COVID-19 Public Health Emergency that pertain to preventing the spread of
				  COVID-19, including Executive Orders and preventative guidelines issued by the
				  Illinois Governor, the Illinois Emergency Management Agency, the Department, or
				  the Illinois Department of Public Health.
"CSFRF" means the Coronavirus State Fiscal Recovery Fund as
				  implemented by Section 602 of Title VI of the federal Social Security Act
				  [42 U.S.C.
				  802] .
"Department" means the Illinois Department of Commerce and
				  Economic Opportunity.
"Disproportionately Impacted Area" means those zip codes most
				  severely affected by the COVID-19 Public Health Emergency, to be determined
				  based on positive COVID-19 case per capita rates, and high rates in at least
				  one of the following poverty-related categories relative to other zip codes
				  within their region:
share of population consisting of children age 6 to 17 in
				  households with income less than 125% of the federal poverty level;
share of population consisting of adults over age 64 in
				  households with income less than 200% of the federal poverty level;
share of population in household with income less than 150%
				  of the federal poverty level; and
share of population consisting of children ages 5 and under
				  in households with income less than 185% of the federal poverty level.
"GATA" means the Grant Accountability and Transparency Act
				  [30 ILCS
				  708 ].
"GATA Rule" means 44 Ill. Adm. Code 7000.
"Financial Assistance" means financial support to an Illinois
				  business in the form of a grant, expense reimbursement, or subsidy.
"Hard-hit industry" means an industry that was negatively
				  impacted by the pandemic including the arts, travel, tourism, and hospitality
				  industries (a full list of hard-hit industries to be identified by the
				  Department based on COVID-19 impact on each industry, and to be posted on the
				  Department's website).
"High traffic area" means a location that is zoned to allow
				  for commercial use and located within 2 blocks or 1/4 mile of a transportation
				  facility (train station, bus station, or intermodal facility); an educational
				  institution providing on-site, in-person instruction; or at least two
				  establishments meeting one of the following criteria: retail or commercial
				  business offering on-site, in-person services or sales to customers, or
				  non-profit or government office providing on-site, in-person services to
				  residents.
"Home-based business" means a small business that operates
				  from the business owner's home.
"Independently Owned and Operated" means, with respect to a
				  business, that the ownership interests, management, and operation of the
				  business are not subject to control, restriction, modification, or limitation
				  by a person with no formal role in the operation of the business.
"Non-Profit Organization" means an organization which is
				  registered as a not-for-profit corporation with the Illinois Secretary of State
				  and is registered with the Internal Revenue Service as a 501(c)(3), 501(c)(6),
				  or as a 501(c)(19) entity.
"Occupy" means to hold in possession with the legal authority
				  thereof; to hold or keep for use.
"Program" means the financial assistance funding
				  opportunities administered by the Department and implemented in this
				  Part.
"Program Participant" means the business that receives
				  financial assistance under the Program.
"Qualifying Business" means a business or
				  organization that has experienced or is experiencing business interruption or
				  other adverse conditions due to the COVID-19 public health emergency, and
				  includes a new business or organization started after March 1, 2020 in the
				  midst of adverse conditions due to the COVID-19 public health emergency,
				  includes self-employed individuals and independent contractors
[20 ILCS
				  605/605-1050(g)(2)
				  ]
.
"Qualified Partner" means
a financial institution or
				  non-profit organization with which the Department
, or another state
				  agency pursuant to an intergovernmental agreement with the Department,
has entered into an agreement or contract to provide or incentivize
				  assistance to Qualifying Businesses
. [20ILCS
				  605/605-1050(g)(5) ].
"Revenue" means the total amount a business or a non-profit
				  organization has received from sales or contributions during its annual
				  accounting period, without subtracting any costs or expenses. Revenue is equal
				  to the gross receipts of a business or non-profit organization as reported on
				  their federal tax return.
"SLFRF" means the Federal Coronavirus State and Local Fiscal
				  Recovery Funds.
"Small business" means a business that earns gross receipts
				  less than $20 million annually.
"Smallest business" means a business that earns gross
				  receipts less than $5 million annually.
"Targeted Funding Opportunity" means a formal announcement of
				  the availability of funding through the Program from the Department for a
				  Qualifying Business that operates in an industry or an area that has been the
				  most disproportionately impacted by the COVID-19 Public Health
				  Emergency.
"Uniform Guidance" means the Uniform Administrative
				  Requirements, Cost Principles, and Audit Requirements for Federal Awards
				  ("Uniform Guidance"), codified at
				  2 CFR
				  200.