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HB4756 Engrossed |
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LRB094 16882 RSP 53922 b |
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| AN ACT concerning State government.
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| Be it enacted by the People of the State of Illinois,
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| represented in the General Assembly:
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| Section 5. The Department of Commerce and Economic |
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| Opportunity Law of the
Civil Administrative Code of Illinois is |
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| amended by adding Section 605-612 as follows:
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| (20 ILCS 605/605-612 new) |
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| Sec. 605-612. Trade meetings. To assist Illinois |
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| businesses to connect with their trade offices, the Department |
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| may, subject to appropriation, establish, at least annually, |
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| trade meetings in areas of the State where an international |
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| business center is located. The trade meetings shall sponsor |
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| trade shows and trade seminars to assist small to medium-sized |
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| businesses to work in the global marketplace and, in addition, |
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| to attract new jobs through foreign investment in the area.
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| For purposes of this Section, "international business |
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| center" means any not-for-profit organization, including a |
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| federal, State, or local organization or private organization, |
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| that: (i) focuses on helping Illinois business take advantage |
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| of global business opportunities, (ii) sponsors and provides |
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| educational workshops, trade missions, and networking events |
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| designed to help Illinois companies develop and expand business |
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| strategies in a global environment, (iii) works with the |
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| Department to assist businesses in promoting their services, |
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| and (iv) helps local and regional businesses to expand and |
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| compete in the global marketplace. |
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| The Department shall serve as an advisor to international |
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| business centers and shall assist them in the promotion of |
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| their services in order to promote a stronger business |
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| community and increase the workforce in Illinois. The |
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| assistance shall include facilitating trade shows and meetings |
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| within international business centers to help local and |