(20 ILCS 605/605-510) (was 20 ILCS 605/46.19h)
Sec. 605-510.
Study of laws affecting small business.
To
study
the effect of laws affecting small business to
determine whether those laws impede the creation of small businesses
or create
economic damages for any small business group that may jeopardize the small
business group's continuation in the marketplace or its valuable contribution
to the economic growth of this State. The study may be conducted
in
cooperation with the department or agency administering the law whose effect is
the subject of the study. A general study of the laws affecting the creation
of small businesses in this State may be undertaken by the
Department and the
results reported to the Governor and the General Assembly.
An economic impact review may be made at least every 2 years,
and
pertinent
information shall be gathered from the business segment affected to determine
whether the laws need amendment to relieve business losses while
retaining the
substance of the legislation, or whether the original purpose has been
accomplished and the laws should be repealed. The review shall be reported to
the Governor, the General Assembly, and the administrating State agency, as
well as to the business associations most directly representing the business
group involved.
The Director may appoint a task force to assist the Department
in
conducting the studies and reviews required under this Section. The task force
will consist of persons representing small business and persons
representing
the affected State departments and agencies. Members of the task force shall
serve without compensation but may be reimbursed for necessary expenses in
connection with their duties out of money available to the Department for that
purpose.
(Source: P.A. 91-239, eff. 1-1-00; 92-298, eff. 8-9-01.)
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