Press Releases

032113br0133rSPRINGFIELD - The Senate today passed a proposal out of its chamber that seeks to improve business retention in Illinois counties that border other states.

State Senator Melinda Bush (D-Grayslake) is the sponsor of the initiative that recognizes the unique business retention concerns specific to border communities.

As a lifelong resident of a border community, Bush knows all too well about the business-poaching practices of the states surrounding Illinois. Her proposal will improve the economic conditions of Illinois border communities, keeping them competitive with the states that they border.

“We need to enact policies that keep us competitive with retention in border communities,” said Senator Bush.”

Bush’s bill, Senate Bill 2640, tasks the recently formed Illinois Business Development Council with assessing the economic development practices of border communities.  After a comprehensive review, the council – made up of representatives from the public and private sector – will provide recommendations and best practices to Illinois border counties for business retention, attraction, incentives and economic development.

“While business retention is a concern for all communities in our state, border county businesses are courted or influenced by surrounding states in ways that other communities don’t have to deal with,” Bush continued. “We need to develop a set of tools that will help keep Illinois businesses from jumping the border.”

In addition to her border county business retention legislation, Bush will also be spearheading a Sub-Committee on Economic Development in the coming legislative session, which will continue efforts to identify best practices for enhancing Illinois’ business climate and improving business retention policies. 

Category: Press Releases

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