Biotechnology Sector Development Act.

  1. Law
  2. Illinois Compiled Statutes
  3. EXECUTIVE BRANCH
  4. Biotechnology Sector Development Act.

Checkout our iOS App for a better way to browser and research.

(20 ILCS 230/1)

Sec. 1. Short title. This Act may be cited as the Biotechnology Sector Development Act.

(Source: P.A. 88-584, eff. 8-12-94.)

 

(20 ILCS 230/5)

Sec. 5. Purpose. The General Assembly declares that:

(a) A need exists to promote the economic development of the State by supporting, attracting, and retaining biotechnology jobs and businesses in Illinois;

(b) A need exists to increase industry competitiveness by supporting the application of innovative technologies that improve productivity and efficiency;

(c) A need exists to mobilize support for biotechnology industries to commercialize new products and processes; and

(d) A need exists to facilitate and coordinate the marketing, organization, use, and development of biotechnology scientific research in this State.

(Source: P.A. 88-584, eff. 8-12-94.)

 

(20 ILCS 230/10)

Sec. 10. Sector program. The Department of Agriculture, in cooperation with the Department of Commerce and Economic Opportunity, shall establish a targeted sector program in the area of biotechnology. In fulfillment of this purpose, the Department of Agriculture is authorized to:

  • (a) Analyze on an ongoing basis the state of the biotechnology sector in Illinois, including, but not limited to, its strengths and weaknesses, its opportunities and risks, its emerging products, processes, and market niches, the commercialization of its related technology, its capital availability, its education and training needs, and its infrastructure development.
  • (b) Work in conjunction with the Biotechnology Advisory Council created under this Act.
  • (c) Develop a resource guide for use in promoting the biotechnology sector in Illinois.
  • (d) Explore the feasibility of conducting seminars to provide both entrepreneurs and investors with information about the biotechnology sector in Illinois.
  • (e) Operate, internally or on a contractual basis, an equipment resource referral service to identify available surplus equipment that could be used by biotechnology entrepreneurs.

(Source: P.A. 94-793, eff. 5-19-06.)

 

(20 ILCS 230/15)

Sec. 15. (Repealed).

(Source: P.A. 88-584, eff. 8-12-94. Repealed by P.A. 92-850, eff. 8-26-02.)

 

(20 ILCS 230/20)

Sec. 20. (Repealed).

(Source: P.A. 88-584, eff. 8-12-94. Repealed by P.A. 92-850, eff. 8-26-02.)

 

(20 ILCS 230/99)

Sec. 99. This Act takes effect upon becoming law.

(Source: P.A. 88-584, eff. 8-12-94.)


Download our app to see the most-to-date content.