Purpose

20 ILCS 230/5
in effect
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(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.)
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.ilga.gov/legislation/ilcs/ilcs.aspFetched: 10/17/2026

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