(20 ILCS 3965/1)
(from Ch. 127, par. 3951)
The General Assembly finds that the Illinois economy, although
diversifying, is shifting to a service-based economy and is still highly
vulnerable to fluctuations in the national economy. Illinois' long-term
economic development policy and current efforts to respond to an increasingly
global economy would benefit from formal private sector analysis and input.
An essential first step to assist the Illinois economy in responding to
changing global economic trends is to establish a public and private
consensus on a long-term economic development strategy that recognizes both
the competitive position and needs of our key businesses and industries and
the need to establish new businesses and industries. A unique partnership
between the private and public sectors can attract new businesses and
encourage greater investment in Illinois.
(Source: P.A. 86-1430.)