(20 ILCS 3965/3)
(from Ch. 127, par. 3953)
The board shall be composed of citizens from both the private
and public sectors who are actively engaged in organizations and businesses
that support economic expansion, industry enhancement and job creation.
The board shall be composed of the following persons:
(a) the Governor or his or her designee;
(b) four members of the General Assembly, one each
appointed by the President of the Senate, the Speaker of the House of Representatives, and the minority leaders of the Senate and House of Representatives;
(c) 20 members appointed by the Governor including
representatives of small business, minority owned companies, women owned companies, manufacturing, economic development professionals, and citizens at large.
The Director of Commerce and Economic Opportunity shall
serve as an ex officio member of the board.
The Governor shall appoint the members of the board specified in subsection
(c) of this Section, subject to the advice and consent of the
Senate, within 30 days after the effective date
of this Act. The first meeting of the board shall occur within 60 days
after the effective date of this Act.
The Governor shall appoint a chairperson and a vice chairperson of the
board. Members shall serve 2-year terms. The position of a legislative
member shall become vacant if the member ceases to be a member of the General
Assembly. A vacancy in a board position shall be filled by the original
The board shall include representation from each of the State's geographic
The board shall meet quarterly or at the call of the chair and shall create
subcommittees as needed to deal with specific issues and concerns. Members
shall serve without compensation but may be reimbursed for expenses.
(Source: P.A. 94-793, eff. 5-19-06; 95-331, eff. 8-21-07.)