Illinois General Assembly - Bill Status for HB5573

Creates the Illinois Home Grown Business Opportunity Act. Provides that the Department of Commerce and Economic Opportunity shall develop an economic plan to assist businesses and municipalities located geographically close to bordering states. Provides that the plan shall take into account relevant economic data, including input from local economic development officials, and identify and develop specific strategies for utilizing the assets of those regions of the State located geographically close to bordering states, so that those regions may compete economically with bordering states. Requires the plan to include certain economic assessments, recommendations, and resources relevant to assisting businesses and municipalities located near bordering states. Requires that the information and resources collected and established under the plan shall be available to the public and posted on the Department's Internet website. Defines terms.

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