Sec. 10. Definitions.
111 words·~1 min read·
/il/chapter-20/act-725/10A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 10. Definitions. As used in this Act:
"Bordering states" means the states that border the State of Illinois, specifically Wisconsin, Iowa, Missouri, Kentucky, and Indiana.
"Department" means the Department of Commerce and Economic Opportunity.
"Economic development practices" means practices relating to job creation, job retention, tax base enhancements, development of human capital, workforce productivity, critical infrastructure, regional competitiveness, social inclusion, standard of living, environmental sustainability, energy independence, quality of life, the effective use of financial incentives, the utilization of public-private partnerships where appropriate, and other metrics determined by the Department.
"Plan" means the economic plan developed by the Department to assist businesses and municipalities located geographically close to bordering states.