Definitions

20 ILCS 692/5, under Small Business Advisory Act.

20 ILCS 692/5

(20 ILCS 692/5)

    Sec. 5. Definitions. In this Act:

    "Agency" means the same as in Section 1-20 of the Illinois Administrative Procedure Act.

    "Joint Committee" means the Joint Committee on Administrative Rules.

    "Small business" means any for profit entity, independently owned and operated, that grosses less than $4,000,000 per year or that has 50 or fewer full-time employees. For the purposes of this Act, a "small business" has its principal office in Illinois.

    "Department" means the Department of Commerce and Economic Opportunity.

(Source: P.A. 93-318, eff. 1-1-04; 94-793, eff. 5-19-06.)