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Public Act 102-0868


 

Public Act 0868 102ND GENERAL ASSEMBLY

  
  
  

 


 
Public Act 102-0868
 
SB3930 EnrolledLRB102 24580 RJF 33814 b

    AN ACT concerning State government.
 
    Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
 
    Section 5. The Illinois Home Grown Business Opportunity
Act is amended by changing Section 15 and by adding Section 20
as follows:
 
    (20 ILCS 725/15)
    Sec. 15. Illinois Home Grown Business Opportunities.
    (a) The Department of Commerce and Economic Opportunity
shall develop an economic plan to assist businesses and
municipalities located geographically close to bordering
states.
    (b) 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 better compete economically with bordering states.
    (c) The plan shall include the following:
        (1) an assessment of the economic development
    practices of bordering states;
        (2) a comparative assessment of the economic
    development practices of this State;
        (3) recommendations for best practices with respect to
    economic development, business incentives, business
    attraction, and business retention for regions in Illinois
    that border at least one other state;
        (4) identification of existing State services and
    resources that would assist businesses and municipalities
    in being more economically competitive with bordering
    states; and
        (5) any other resource that may assist businesses and
    municipalities located geographically close to bordering
    states that the Department deems necessary and relevant
    under this Act; .
        (6) notification to all small businesses and
    municipalities of funding opportunities that the State of
    Illinois and the federal government are offering to small
    businesses and municipalities; and
        (7) notification to all small businesses and
    municipalities of new restrictions placed upon communities
    as it relates to the COVID-19 public health emergency.
    (d) The information and resources collected and
established by the Department under this Act shall be
available to the public and posted on the Department's
Internet website.
(Source: P.A. 100-1084, eff. 1-1-19.)
 
    (20 ILCS 725/20 new)
    Sec. 20. Border Community COVID-19 Mitigation Grant
Program. The Department of Commerce and Economic Opportunity
shall create the Border Community COVID-19 Mitigation Grant
Program. Subject to appropriation, grants provided under this
Section shall only be provided to businesses and
municipalities located geographically close to bordering
states. The Department shall adopt rules necessary for the
implementation and administration of this Section.

Effective Date: 1/1/2023