§ 6z-122 — Local Coronavirus Urgent Remediation Emergency Fund

Illinois § 6z-122

• Jurisdiction: Illinois
• Topic: GOVERNMENT
• Ch. 30: FINANCE
• Act 30 ILCS 105/: State Finance Act.

Text

(a) The Local Coronavirus Urgent Remediation Emergency Fund, or Local CURE Fund, is created as a federal trust fund within the State treasury. The Local CURE Fund shall be held separate and apart from all other funds of the State. The Local CURE Fund is established: (1) to receive transfers from either the Disaster Response and Recovery Fund or the State Coronavirus Urgent Remediation Emergency (State CURE) Fund of federal funds received by the State from the Coronavirus Relief Fund in accordance with Section 5001 of the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act or pursuant to any other provision of federal law; and (2) to provide for the administration and payment of grants and expense reimbursements to units of local government as permitted in the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act and related federal guidance, as authorized by this Section, and as authorized in the Department of Commerce and Economic Opportunity Act. (b) A portion of the funds received into either the Disaster Response and Recovery Fund or the State CURE Fund from the Coronavirus Relief Fund in accordance with Section 5001 of the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act may be transferred into the Local CURE Fund from time to time. Such funds transferred to the Local CURE Fund may be used by the Department of Commerce and Economic Opportunity only to provide for the awarding and administration and payment of grants and expense reimbursements to units of local government for the specific purposes permitted by the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act and any related federal guidance, the terms and conditions of the federal awards through which the funds are received by the State, in accordance with the procedures established in this Section, and as authorized in the Department of Commerce and Economic Opportunity Act. (c) Unless federal guidance expands the authorized uses, the funds received by units of local government from the Local CURE Fund may be used only to cover the costs of the units of local government that (1) are necessary expenditures incurred due to the public health emergency caused by the Coronavirus Disease 2019, (2) were not accounted for in the budget of the State or unit of local government most recently approved as of March 27, 2020: and are incurred on or after March 1, 2020 and before December 31, 2021; however, if new federal guidance or new federal law expands authorized uses or extends the covered period, then the funds may be used for any other permitted purposes throughout the covered period. (d) The expenditure of funds from the Local CURE Fund shall be subject to appropriation by the General Assembly. (d-5) In addition to the purposes described in subsection (a), the Local CURE Fund may receive, directly or indirectly, federal funds from the Coronavirus Local Fiscal Recovery Fund in accordance with Section 9901 of the American Rescue Plan Act of 2021 in order to provide payments to units of local government as directed by Section 9901 of the American Rescue Plan Act of 2021 and related federal guidance. Such moneys on deposit in the Local CURE Fund shall be paid to units of local government in accordance with Section 9901 of the American Rescue Plan Act of 2021 and as directed by federal guidance on a continuing basis by the Department of Revenue, in cooperation with the Department of Commerce and Economic Opportunity and as instructed by the Governor. (e) Unexpended funds in the Local CURE Fund shall be transferred or paid back to the State CURE Fund or to the federal government at the direction of the Governor.

Legislative History

(Source: P.A. 101-636, eff. 6-10-20; 102-16, eff. 6-17-21.)