Illinois § 605-605
Full text of Illinois Illinois Compiled Statutes § 605-605, with citation guidance and answers to common questions.
§ 605-605.
Illinois Product and Services Exchange Law. (a) This Section may be cited as the Illinois Product and Services Exchange Law. (b) It is hereby found and declared that many large Illinois firms and government agencies are purchasing products and services from vendors in locations other than Illinois, and that there is a need to assist those large businesses and government agencies in locating Illinois vendors who can provide those products and services of equal quality and at comparable or lower costs; it is further found and declared that the purchase of needed products and services within the State by large firms and government agencies would aid the survival and expansion of small businesses in Illinois and help to strengthen the State's economy. (c) As used in this Section, "Illinois Product and Services Exchange" means a program aimed at promoting the purchase of goods and services produced in Illinois by firms and government agencies within the State. (d) The Department shall have the authority to establish and administer an Illinois Product and Services Exchange Program, which may include, but is not limited to, the following powers and duties: (1) To accept grants, loans, or appropriations from the federal government or the State or any agency or instrumentality thereof, and to assess fees for any services performed under the Illinois Product and Services Exchange Program, to carry out the Program. (2) To form an Illinois Product and Services Exchange Council, made up of Illinois large firms and small firms to provide advice and counsel in directing a statewide Product and Services Exchange Program. (3) To publicize and advertise to Illinois firms and government agencies the importance and benefits of buying goods and services provided by vendors located within the State. (4) To secure the cooperation of Illinois' large firms, federal, State, and local governments, non-profit agencies, and others to carry out this program. (5) To match the needs for products and services of business firms and government agencies with the capabilities of small Illinois firms that can provide those needed goods and services. (6) To hold purchasing agent seminars, fairs, conferences, and workshops to aid small Illinois businesses in obtaining contracts for goods and services from larger firms and government agencies within the State. (7) To assist business firms and government agencies to analyze their buying activities and to find ways to carry out those activities in an effective and economical manner, while promoting subcontract activity with small Illinois firms. (8) To establish manual and electronic buying directories, including stand alone computer data bases that list qualified vendors and procurement opportunities. (9) To promote through other means the use by government agencies and large businesses of products and services produced by small Illinois firms. (10) To subcontract, grant funds, or otherwise participate with qualified private firms, existing procurement centers, or other organizations that have designed programs, approved in accordance with procedures determined by the Department, that are aimed at assisting small Illinois firms obtain contracts for products and services from local government agencies and large Illinois businesses. (11) To develop and administer guidelines for projects that provide assistance to the Department in connection with the Illinois Product and Services Exchange Program. (Source: P.A. 91-239, eff. 1-1-00; 92-651, eff. 7-11-02.)
Frequently Asked Questions About Illinois § 605-605
What does Illinois Compiled Statutes § 605-605 cover?
Section 605-605 is part of the Illinois Compiled Statutes, the codified statutory law of Illinois. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Illinois § 605-605?
A common citation format is "Illinois Compiled Statutes § 605-605" (Illinois). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Illinois law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Illinois official source linked on this page or consult a licensed Illinois attorney.
How does Illinois § 605-605 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Illinois can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Illinois.