Synopsis As Introduced Creates the Umbilical Cord Blood Bank Commission. Sets out the specific requirements for appointment to the Commission. Sets out the specific duties and responsibilities of the Commission with respect to the development of plans regarding umbilical cord blood and placental tissue. Provides that the Commission shall file a report with the Governor and the General Assembly by January 1, 2009. Provides that the report shall contain recommendations for a plan to establish the Illinois Umbilical Cord Blood Bank based upon the activities and findings of the Commission. Effective immediately.