102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022
SB3930
 
Introduced 1/21/2022, by Sen. Elgie R. Sims, Jr.
 
SYNOPSIS AS INTRODUCED:
 

 
20 ILCS 725/15
20 ILCS 725/20 new

     Amends the Illinois Home Grown Business Opportunity Act. Provides for additional contents of the economic plan to assist businesses and municipalities located geographically close to bordering states as developed by the Department of Commerce and Economic Opportunity. Provides that the Department shall create the Border Community COVID-19 Mitigation Grant Program. Provides that grants shall only be provided to businesses and municipalities located geographically close to bordering states. Provides for the adoption of rules.
  


LRB102 24580 RJF 33814 b

 
 
A BILL FOR
 

  
SB3930LRB102 24580 RJF 33814 b


  
1    AN ACT concerning State government.
  
 
2    Be it enacted by the People of the State of Illinois,
 
3represented in the General Assembly:
  
 
 
4    Section 5. The Illinois Home Grown Business Opportunity 
5Act is amended  by changing Section 15 and  by adding Section 20 
6as follows:
 
7    (20 ILCS 725/15)

8    Sec. 15. Illinois Home Grown Business Opportunities.

9    (a)    The Department of Commerce and Economic Opportunity 
10shall develop an economic plan to assist businesses and 
11municipalities located geographically close to bordering 
12states.

13    (b)    The plan shall take into account relevant economic 
14data, including input from local economic development 
15officials, and identify and develop specific strategies for 
16utilizing the assets of those regions of the State located 
17geographically close to bordering states, so that those 
18regions may better compete economically with bordering states.

19    (c)   The plan shall include the following:

20        (1)   an assessment of the economic development 
21    practices of bordering states;

22        (2)   a comparative assessment of the economic 
23    development practices of this State;

 
 
SB3930- 2 -LRB102 24580 RJF 33814 b

1        (3) recommendations for best practices with respect to 
2    economic development, business incentives, business 
3    attraction, and business retention for regions in Illinois 
4    that border at least one other state;

5        (4)   identification of existing State services and 
6    resources that would assist businesses and municipalities 
7    in being more economically competitive with bordering 
8    states; and

9        (5)   any other resource that may assist businesses and 
10    municipalities located geographically close to bordering 
11    states that the Department deems necessary and relevant 
12    under this Act; .

13        (6)   notification to all small businesses and 
14    municipalities of funding opportunities that the State of 
15    Illinois and the federal government are offering to small 
16    businesses and municipalities; and
17        (7)   notification to all small businesses and 
18    municipalities of new restrictions placed upon communities 
19    as it relates to the COVID-19 public health emergency. 
20    (d)   The information and resources collected and 
21established by the Department under this Act shall be 
22available to the public and posted on the Department's 
23Internet website.


24(Source: P.A. 100-1084, eff. 1-1-19.)
 
25    (20 ILCS 725/20 new)
 
 
SB3930- 3 -LRB102 24580 RJF 33814 b

1    Sec. 20. Border Community COVID-19 Mitigation Grant 
2Program. The Department of Commerce and Economic Opportunity 
3shall create the Border Community COVID-19 Mitigation Grant 
4Program. Subject to appropriation, grants provided under this 
5Section shall only be provided to businesses and 
6municipalities located geographically close to bordering 
7states. The Department shall adopt rules necessary for the 
8implementation and administration of this Section.