Synopsis As Introduced Amends the Department of Commerce and Economic Opportunity Law. Requires the Department to conduct a study to identify current and projected shortages in critical occupations and specific skill sets within Illinois businesses and industries and to devise strategies to alleviate any identified shortages. Requires all State agencies to cooperate with the Department in conducting the study. Requires the Department to report the results of its study and its recommendations to the Governor and the General Assembly no later than February 1, 2008. Effective immediately.