Illinois General Assembly - Full Text of SB3285
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Full Text of SB3285  100th General Assembly




SB3285 EnrolledLRB100 20567 JWD 35971 b

1    AN ACT concerning State government.
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
4    Section 1. Short title. This Act may be cited as the
5Illinois Home Grown Business Opportunity Act.
6    Section 5. Purpose. The purpose of this Act is to establish
7resources for businesses and municipalities located
8geographically close to bordering states, so that those
9businesses and municipalities can identify existing State
10services and resources to help them be more competitive with
11bordering states.
12    Section 10. Definitions. As used in this Act:
13    "Bordering states" means the states that border the State
14of Illinois, specifically Wisconsin, Iowa, Missouri, Kentucky,
15and Indiana.
16    "Department" means the Department of Commerce and Economic
18    "Economic development practices" means practices relating
19to job creation, job retention, tax base enhancements,
20development of human capital, workforce productivity, critical
21infrastructure, regional competitiveness, social inclusion,
22standard of living, environmental sustainability, energy



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1independence, quality of life, the effective use of financial
2incentives, the utilization of public-private partnerships
3where appropriate, and other metrics determined by the
5    "Plan" means the economic plan developed by the Department
6to assist businesses and municipalities located geographically
7close to bordering states.
8    Section 15. Illinois Home Grown Business Opportunities.
9    (a) The Department of Commerce and Economic Opportunity
10shall develop an economic plan to assist businesses and
11municipalities located geographically close to bordering
13    (b) The plan shall take into account relevant economic
14data, including input from local economic development
15officials, and identify and develop specific strategies for
16utilizing the assets of those regions of the State located
17geographically close to bordering states, so that those regions
18may better compete economically with bordering states.
19    (c) The plan shall include the following:
20        (1) an assessment of the economic development
21    practices of bordering states;
22        (2) a comparative assessment of the economic
23    development practices of this State;
24        (3) recommendations for best practices with respect to
25    economic development, business incentives, business



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1    attraction, and business retention for regions in Illinois
2    that border at least one other state;
3        (4) identification of existing State services and
4    resources that would assist businesses and municipalities
5    in being more economically competitive with bordering
6    states; and
7        (5) any other resource that may assist businesses and
8    municipalities located geographically close to bordering
9    states that the Department deems necessary and relevant
10    under this Act.
11    (d) The information and resources collected and
12established by the Department under this Act shall be available
13to the public and posted on the Department's Internet website.