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| 1 | AN ACT concerning State government.
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| 2 | Be it enacted by the People of the State of Illinois,
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| 3 | represented in the General Assembly:
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| 4 | Section 5. The Illinois Home Grown Business Opportunity | ||||||
| 5 | Act is amended by changing Section 15 and by adding Section 20 | ||||||
| 6 | as follows: | ||||||
| 7 | (20 ILCS 725/15)
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| 8 | Sec. 15. Illinois Home Grown Business Opportunities.
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| 9 | (a) The Department of Commerce and Economic Opportunity | ||||||
| 10 | shall develop an economic plan to assist businesses and | ||||||
| 11 | municipalities located geographically close to bordering | ||||||
| 12 | states.
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| 13 | (b) The plan shall take into account relevant economic | ||||||
| 14 | data, including input from local economic development | ||||||
| 15 | officials, and identify and develop specific strategies for | ||||||
| 16 | utilizing the assets of those regions of the State located | ||||||
| 17 | geographically close to bordering states, so that those | ||||||
| 18 | regions may better compete economically with bordering states.
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| 19 | (c) The plan shall include the following:
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| 20 | (1) an assessment of the economic development | ||||||
| 21 | practices of bordering states;
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| 22 | (2) a comparative assessment of the economic | ||||||
| 23 | development practices of this State;
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| 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;
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| 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
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| 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; .
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| 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 | ||||||
| 21 | established by the Department under this Act shall be | ||||||
| 22 | available to the public and posted on the Department's | ||||||
| 23 | Internet website.
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| 24 | (Source: P.A. 100-1084, eff. 1-1-19.) | ||||||
| 25 | (20 ILCS 725/20 new) | ||||||
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| 1 | Sec. 20. Border Community COVID-19 Mitigation Grant | ||||||
| 2 | Program. The Department of Commerce and Economic Opportunity | ||||||
| 3 | shall create the Border Community COVID-19 Mitigation Grant | ||||||
| 4 | Program. Subject to appropriation, grants provided under this | ||||||
| 5 | Section shall only be provided to businesses and | ||||||
| 6 | municipalities located geographically close to bordering | ||||||
| 7 | states. The Department shall adopt rules necessary for the | ||||||
| 8 | implementation and administration of this Section.
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