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| 1 | AN ACT concerning economic development.
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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 1. Short title. This Act may be cited as the | ||||||||||||||||||||||||
| 5 | Economic Development Institute Act. | ||||||||||||||||||||||||
| 6 | Section 5. Purpose; findings. | ||||||||||||||||||||||||
| 7 | (a) The purpose of this Act is to advance and coordinate | ||||||||||||||||||||||||
| 8 | the professional training and educational opportunities for | ||||||||||||||||||||||||
| 9 | economic development practitioners in the State of Illinois and | ||||||||||||||||||||||||
| 10 | to provide information, assistance, and advocacy to facilitate | ||||||||||||||||||||||||
| 11 | and advance the economic development process in partnership | ||||||||||||||||||||||||
| 12 | with Illinois' communities, businesses, and networks of public | ||||||||||||||||||||||||
| 13 | and private service providers. | ||||||||||||||||||||||||
| 14 | (b) The General Assembly finds all of the following: | ||||||||||||||||||||||||
| 15 | (1) An economic development profession requires | ||||||||||||||||||||||||
| 16 | working knowledge of a wide variety of disciplines: | ||||||||||||||||||||||||
| 17 | research, business planning, economics, organizational | ||||||||||||||||||||||||
| 18 | management, group dynamics, neighborhood development, | ||||||||||||||||||||||||
| 19 | local government, and area promotion, among others. | ||||||||||||||||||||||||
| 20 | (2) Over the longer term, the best avenue to enhance | ||||||||||||||||||||||||
| 21 | the overall skills of the individuals involved in community | ||||||||||||||||||||||||
| 22 | economic development is to create an Economic Development | ||||||||||||||||||||||||
| 23 | Institute, a comprehensive, coordinated program of | ||||||||||||||||||||||||
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| 1 | professional education, training, and support. | ||||||
| 2 | (3) There is an ongoing need to assist the economic | ||||||
| 3 | development community at large through professional | ||||||
| 4 | development, economic development training, and advanced | ||||||
| 5 | education. No such comprehensive, concerted program effort | ||||||
| 6 | exists at this time.
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| 7 | Section 10. The Economic Development Institute. The | ||||||
| 8 | Department of Commerce and Economic Opportunity shall | ||||||
| 9 | establish the Economic Development Institute. The Institute | ||||||
| 10 | shall work in conjunction with one or more of the State's | ||||||
| 11 | universities and with professional associations involved in | ||||||
| 12 | development to establish the Institute as a central | ||||||
| 13 | coordinating entity for economic development training and | ||||||
| 14 | educational programs in Illinois. The Institute shall sponsor | ||||||
| 15 | specialized education programs, promote professional | ||||||
| 16 | development and certification, and produce technical workbooks | ||||||
| 17 | for local and regional economic development professionals on | ||||||
| 18 | proven as well as innovative strategies to improve their | ||||||
| 19 | opportunities for community growth. | ||||||
| 20 | Section 15. Economic and professional development; | ||||||
| 21 | publications. | ||||||
| 22 | (a) The economic development component of the Institute | ||||||
| 23 | shall include workshops and extended training courses for the | ||||||
| 24 | new or the experienced economic developer. Training may include | ||||||
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| 1 | any of the following: | ||||||
| 2 | (1) Intensive, week-long basic development courses on | ||||||
| 3 | the fundamentals of community and economic development. | ||||||
| 4 | (2) Advanced economic development training for State | ||||||
| 5 | and local staff. | ||||||
| 6 | (3) Volunteer training for local development boards | ||||||
| 7 | regarding common sense information about economic | ||||||
| 8 | development. | ||||||
| 9 | The topics of the economic development component shall | ||||||
| 10 | cover general themes (such as capital formation, recruitment, | ||||||
| 11 | retention, expansion, market promotion, entrepreneurial | ||||||
| 12 | development, business management, and modernization) or | ||||||
| 13 | specific themes (such as development finance, tax increment | ||||||
| 14 | financing, community development finance institutions, and | ||||||
| 15 | grants-writing). | ||||||
| 16 | The Institute may provide (A) leadership training, | ||||||
| 17 | technical skill development, information sessions, current | ||||||
| 18 | topic forums, and other training sessions or workshops, which | ||||||
| 19 | may vary in length from half-day to 5-day sessions; (B) | ||||||
| 20 | training for development volunteers that is directed to | ||||||
| 21 | providing local leaders with basic information about economic | ||||||
| 22 | development, as well as innovative, proven ideas that can help | ||||||
| 23 | them to improve their opportunities for community growth; and | ||||||
| 24 | (C) advanced development education, including capital | ||||||
| 25 | formation, market promotion, entrepreneurial development, | ||||||
| 26 | business management and modernization, development finance, | ||||||
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| 1 | tax increment financing, community development finance | ||||||
| 2 | institutions, and grants-writing. | ||||||
| 3 | (b) The professional development component of the | ||||||
| 4 | Institute shall serve to bolster the professional development | ||||||
| 5 | for those involved in community and economic improvement | ||||||
| 6 | programs. The purpose of the professional development | ||||||
| 7 | component is to foster cooperation among economic development | ||||||
| 8 | professionals and afford economic developers a means for | ||||||
| 9 | assembly and collective expression. For this component, the | ||||||
| 10 | Institute shall cooperate with those groups that already have | ||||||
| 11 | knowledge of customer needs and requirements, including | ||||||
| 12 | organizations such as the Illinois Development Council, the Tax | ||||||
| 13 | Increment Association, the Community Action Association, the | ||||||
| 14 | Business Development Center Association, and others with a | ||||||
| 15 | vested interest in developing the skills and professionalism of | ||||||
| 16 | community and economic development practitioners. | ||||||
| 17 | (c) The Institute must (1) conduct appropriate surveys and | ||||||
| 18 | background work and publish articles and reports on innovative | ||||||
| 19 | practices and techniques in specialized development | ||||||
| 20 | applications, including development of curriculum, | ||||||
| 21 | instructional materials, workbooks, and templates; (2) conduct | ||||||
| 22 | substantive research in areas of importance to the profession, | ||||||
| 23 | such as development challenges affecting municipalities and | ||||||
| 24 | local development organizations, State competitiveness issues, | ||||||
| 25 | and ongoing professional training needs;
(3) publish slide | ||||||
| 26 | shows, resource publications, computer spreadsheets, and | ||||||
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| 1 | templates of use to the profession; and (4) create a | ||||||
| 2 | content-oriented Internet website for the economic and | ||||||
| 3 | community development profession
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| 4 | Section 20. Duties of the Institute. The Institute shall | ||||||
| 5 | have the following duties: | ||||||
| 6 | (1) To secure planning advice as needed from | ||||||
| 7 | appropriate teams and focus groups made up of the various | ||||||
| 8 | constituent groups being served. Major project decisions | ||||||
| 9 | should be developed with the assistance of economic | ||||||
| 10 | development practitioners, professional associations, | ||||||
| 11 | local officials, volunteers, and universities. | ||||||
| 12 | (2) To
prepare an annual list of major project topics. | ||||||
| 13 | This topic list shall guide the formulation of materials | ||||||
| 14 | and sessions to be presented throughout the year. The | ||||||
| 15 | Institute shall be responsible for final selection of | ||||||
| 16 | training sessions, technical publications, and | ||||||
| 17 | professional development activities. | ||||||
| 18 | (3) To identify potential grantee organizations that | ||||||
| 19 | hold appropriate credentials related to the function being | ||||||
| 20 | addressed. Deliverers are expected to have regional and | ||||||
| 21 | national standing within the economic development field. | ||||||
| 22 | (4) To prepare bids and other formal solicitations and | ||||||
| 23 | select grantees to perform the research, training, | ||||||
| 24 | workshops, curriculum development, and professional | ||||||
| 25 | services. | ||||||
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| 1 | (5) To assume administrative and overhead | ||||||
| 2 | responsibilities in coordinating the delivery of project | ||||||
| 3 | services by the field experts. | ||||||
| 4 | (6) To promote the training sessions, technical | ||||||
| 5 | publications, and professional development efforts, | ||||||
| 6 | including preparation and distribution of fliers, direct | ||||||
| 7 | mail, or other appropriate promotions and marketing. | ||||||
| 8 | (7) To facilitate planning, delivery, and follow-up on | ||||||
| 9 | specific projects, under assignment of a specific | ||||||
| 10 | Institute project manager for each training session, | ||||||
| 11 | technical publication, or professional development effort. | ||||||
| 12 | (8) To develop written and oral reports on a periodic | ||||||
| 13 | basis to demonstrate project success. | ||||||
| 14 | Section 25. Rules. The Department of Commerce and Economic | ||||||
| 15 | Opportunity shall adopt any rules necessary for the | ||||||
| 16 | implementation of this Act.
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