Sec. 605-456. Survey and report on business incentives.

237 words·~1 min read·/il/chapter-20/act-605/605-456

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)The Department shall contact businesses that are located in the State or have been identified as having left the State. The Department shall request that the business complete a survey, developed by the Department, that includes information regarding

(i)why the business left, if applicable, and the location to which the business relocated and

(ii)any incentives that are needed to keep and attract the business.

(b)The Department shall compile the results of the surveys and any other relevant information provided to the Department. By each July 1, the Department shall report to the General Assembly upon its compilation of the previous year's survey responses and any of the other relevant information. The report must identify, at a minimum, the most common responses, categorized by industry and region, regarding

(i)why businesses left Illinois,

(ii)what incentives would have influenced businesses to remain in Illinois, and

(iii)to which cities and states the businesses have relocated.

(c)For the purposes of this Section, a business is defined as one that is engaged in interstate or intrastate commerce for the purpose of manufacturing, processing, assembling, warehousing, or distributing products, conducting research and development, providing tourism services, or providing services in interstate commerce, office industries, or agricultural processing, but excluding retail, retail food, health, or professional services.

(d)The Department shall adopt rules for the implementation of this Section.