[ Search ] [ PDF text ] [ Legislation ]
[ Home ] [ Back ] [ Bottom ]
92_HB4751 LRB9212029AGcs 1 AN ACT concerning development. 2 Be it enacted by the People of the State of Illinois, 3 represented in the General Assembly: 4 Section 5. The State and Regional Development Strategy 5 Act is amended by changing Section 20-10 as follows: 6 (20 ILCS 695/20-10) 7 Sec. 20-10. Strategic Planning. The Department of 8 Commerce and Community Affairs may prepare an economic 9 development strategy for Illinois. By no later than February 10 1, 2001 and biennially thereafter, the Department may make 11 modifications in the economic development strategy as the 12 modifications are warranted by changes in economic conditions 13 or by other factors, including changes in policy. In 14 preparing the strategy and in making modifications to the 15 strategy, the Department may considertake cognizance ofthe 16 special economic attributes of the various component areas of 17 the State. 18 (1) The "component areas" shall be determined by 19 the Department and may group counties that are close in 20 geographical proximity and share common economic traits 21 such as commuting zones, labor market areas, or other 22 economically integrated regions. 23 (2) The strategy may recommend actions for 24 promoting sustained economic growth at or above national 25 rates of economic growth. 26 (3) The strategy may include an assessment of 27 historical patterns of economic activity for the State 28 and projections of future economic trends using national 29 economic trends and projections for comparative purposes. 30 All assumptions made in the formulation of the economic 31 projections shall be clearly and explicitly set forth in -2- LRB9212029AGcs 1 the strategy. 2 (4) The strategy may identify those community 3 economic improvement characteristics that will positively 4 influence the rate of overall State economic growth. 5 (5) The strategy may recommend actions to foster 6 and promote economic growth, taking into account 7 indigenous resources and prevalent economic factors. 8 (A) The strategy may identify the critical 9 business development approaches being considered or 10 to be considered. The approaches may include, but 11 are not limited to: investment recruitment, such as 12 industry attraction, expansion and retention; trade 13 development efforts including international trade, 14 support for small businesses' efforts to export 15 products and services, tourism attraction and 16 development including cultural tourism; technology 17 development efforts including technology 18 commercialization and manufacturing modernization; 19 and business development efforts, including 20 entrepreneurship and entrepreneurial education, 21 small business management assistance, and business 22 financing. 23 (B) The strategy may identify for the State 24 and each region the critical workforce training and 25 development approaches being considered or to be 26 considered. The approaches may include, but are not 27 limited to: customized job training, retraining and 28 skill upgrading, economic adjustment, job creation 29 and addressing labor shortages in areas of high 30 demand; the market for and quality of the local 31 labor force; the quality of the education and 32 workforce infrastructure; and related issues. 33 (C) The strategy may identify the critical 34 community development approaches being considered or -3- LRB9212029AGcs 1 to be considered. The approaches may include, but 2 are not limited to: community growth management such 3 as regional planning and smart growth; area 4 revitalization including brownfields redevelopment 5 and facility reuse; and family self-sufficiency such 6 as through housing conservation and economic 7 opportunity. 8 (D) The strategy may identify the critical 9 public facilities development approaches being 10 considered or to be considered. The approaches may 11 include, but are not limited to: local public 12 services; the local, regional, and State tax and 13 regulatory climate; the physical infrastructure, 14 including communications and transportation systems; 15 the capacity of area utilities; and the quality of 16 public institutions such as schools. 17 (E) The strategy may identify the other 18 critical marketplace systems, including: the 19 financial marketplace; the competitive advantages of 20 the area in terms of natural resources, capital 21 resources or technology resources; and other factors 22 affecting area development. 23 (6) In preparing the strategy or modifications to 24 the strategy, the Department may work with State 25 agencies, boards, and commissions whose programs and 26 activities significantly affect economic activity in the 27 State as appropriate. The Directors of the agencies, 28 boards, and commissions shall provide the assistance to 29 the Department as the Governor deems appropriate. 30 (7) In preparing the strategy or the modifications 31 to the strategy, the Department may consult with local 32 and regional economic development organizations, local 33 elected officials, community-based organizations, service 34 delivery providers, and other organizations whose -4- LRB9212029AGcs 1 programs and activities significantly affect economic 2 activity. 3 (8) In preparing the strategy or the modifications 4 to the strategy, the Department may take into 5 consideration any decisions or recommendations related to 6 programs, services, and government regulations that have 7 been rendered as a result of a Statewide Performance 8 Review. 9 (9) The strategy shall be presented to the 10 Governor, the President and Minority Leader of the 11 Senate, the Speaker and Minority Leader of the House of 12 Representatives, the members of the Illinois Economic 13 Development Board, and the Chair of the Economic and 14 Fiscal Commission on February 1, 2001 and biennially 15 thereafter, as warranted by changes in economic 16 conditions or by other factors, including changes in 17 policy. 18 (10) The strategy shall be published and made 19 available to the public in both paper and electronic 20 media. 21 (Source: P.A. 91-476, eff. 8-11-99; 92-490, eff. 8-23-01.)