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Illinois Compiled Statutes

Information maintained by the Legislative Reference Bureau
Updating the database of the Illinois Compiled Statutes (ILCS) is an ongoing process. Recent laws may not yet be included in the ILCS database, but they are found on this site as Public Acts soon after they become law. For information concerning the relationship between statutes and Public Acts, refer to the Guide.

Because the statute database is maintained primarily for legislative drafting purposes, statutory changes are sometimes included in the statute database before they take effect. If the source note at the end of a Section of the statutes includes a Public Act that has not yet taken effect, the version of the law that is currently in effect may have already been removed from the database and you should refer to that Public Act to see the changes made to the current law.

EXECUTIVE BRANCH
(20 ILCS 725/) Illinois Home Grown Business Opportunity Act.

20 ILCS 725/1

    (20 ILCS 725/1)
    (This Section may contain text from a Public Act with a delayed effective date)
    Sec. 1. Short title. This Act may be cited as the Illinois Home Grown Business Opportunity Act.
(Source: P.A. 100-1084, eff. 1-1-19.)

20 ILCS 725/5

    (20 ILCS 725/5)
    (This Section may contain text from a Public Act with a delayed effective date)
    Sec. 5. Purpose. The purpose of this Act is to establish resources for businesses and municipalities located geographically close to bordering states, so that those businesses and municipalities can identify existing State services and resources to help them be more competitive with bordering states.
(Source: P.A. 100-1084, eff. 1-1-19.)

20 ILCS 725/10

    (20 ILCS 725/10)
    (This Section may contain text from a Public Act with a delayed effective date)
    Sec. 10. Definitions. As used in this Act:
    "Bordering states" means the states that border the State of Illinois, specifically Wisconsin, Iowa, Missouri, Kentucky, and Indiana.
    "Department" means the Department of Commerce and Economic Opportunity.
    "Economic development practices" means practices relating to job creation, job retention, tax base enhancements, development of human capital, workforce productivity, critical infrastructure, regional competitiveness, social inclusion, standard of living, environmental sustainability, energy independence, quality of life, the effective use of financial incentives, the utilization of public-private partnerships where appropriate, and other metrics determined by the Department.
    "Plan" means the economic plan developed by the Department to assist businesses and municipalities located geographically close to bordering states.
(Source: P.A. 100-1084, eff. 1-1-19.)

20 ILCS 725/15

    (20 ILCS 725/15)
    (This Section may contain text from a Public Act with a delayed effective date)
    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.
    (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.)