summary
Introduced
02/04/2025
02/04/2025
In Committee
02/04/2025
02/04/2025
Crossed Over
Passed
Dead
Introduced Session
104th General Assembly
Bill Summary
Creates the Illinois-Ireland Trade Commission Act. Creates the Illinois-Ireland Trade Commission. Establishes membership of the Commission. Provides that the President of the Senate shall designate a Chair and Vice-Chair from among Commission members. Provides that the Department of Commerce and Economic Opportunity shall provide administrative support for the Commission. Provides that the members of the Commission shall serve without compensation but may be reimbursed for expenses incurred in the performance of their duties on the Commission. Provides that the Commission shall meet at least twice per calendar year, beginning in 2025. Provides that the Commission may raise funds, through direct solicitation or other fundraising events, alone, or with other groups, and accept gifts, grants, and bequests from individuals, corporations, foundations, governmental agencies, and public and private organizations and institutions. Provides that funds shall only be used to carry out the duties of the Commission. Provides that the Commission shall file a report by the end of each calendar year detailing any actions made by the Commission, as well as new or expanded relations between Illinois and Irish entities, with the Governor, the General Assembly, and the Director of Commerce and Economic Opportunity. Effective immediately.
AI Summary
This bill creates the Illinois-Ireland Trade Commission, a new body designed to enhance economic, trade, and educational relationships between Illinois and Ireland. The Commission will consist of 12 members, including state legislators, government officials, and leaders from various business associations, with the Senate President designating a Chair and Vice-Chair. The Department of Commerce and Economic Opportunity will provide administrative support, and Commission members will serve without pay but can be reimbursed for expenses. Recognizing Ireland's unique economic position post-Brexit and its significant investment in the United States, the Commission aims to promote two-way trade and economic growth. The bill mandates at least two meetings per year starting in 2025 and allows the Commission to raise funds through various means, including gifts and grants from individuals, corporations, and organizations. The Commission will be required to file an annual report detailing its actions and any new or expanded relationships between Illinois and Irish entities, to be submitted to the Governor, General Assembly, and Director of Commerce and Economic Opportunity. The bill highlights the potential economic benefits of international trade, emphasizing how such relationships can support job creation, raise living standards, and provide affordable goods and services for Illinois residents.
Sponsors (1)
Last Action
Referred to Assignments (on 02/04/2025)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1562&GAID=18&DocTypeID=SB&SessionID=114&GA=104 |
| BillText | https://www.ilga.gov/legislation/104/SB/10400SB1562.htm |
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