Synopsis As Introduced Creates the Illinois Industrial Biotechnology Partnership Act. Establishes the Industrial Biotechnology Public-Private Partnership as a State-sponsored board consisting of specified members to promote and market Illinois as a destination for research, development, and commercialization for industrial biotechnology. Provides for the appointment of members to the Partnership. Provides requirements concerning meetings and compensation. Provides for administrative and other support to the Partnership. Provides for duties and funding of the Partnership. Provides reporting requirements. Provides for the adoption of rules. Defines terms. Amends the Department of Commerce and Economic Opportunity Law. Creates the Industrial Biotechnology Workforce Development Grant Program. Provides that the Program shall provide grants for the purpose of fostering a well-trained and well-skilled industrial biotechnology workforce. Provides funding and eligibility requirements. Provides reporting requirements. Provides for the adoption of rules. Amends the State Finance Act. Creates the Industrial Biotechnology Human Capital Fund and Industrial Biotechnology Capital Maintenance Fund as special funds in the State treasury for specified purposes. Provides for funding of each Fund. Allows the use of Fund moneys for specified grants. Provides reporting requirements. Provides for the adoption of rules. Amends the Economic Development for a Growing Economy Tax Credit Act. Requires the Department of Commerce and Economic Opportunity to evaluate the tax credit program regarding employment and investment criteria to ensure that the program is applicable to both small startup firms as well as existing companies in the industrial biotechnology field.