The goal of the commission is to work with Holocaust survivors to increase public awareness.
Governor Pat Quinn signed a bill creating the commission at the Holocaust Museum in Skokie Thursday.
The governor will appoint 15 members, who will be chosen based on their leadership, personal experience and interest in the Holocaust or genocide education.
"History cannot be forgotten," said Quinn. "It is our duty, the living, to never forget those who have given their lives in the past... especially to the horrors of genocide."
All members of the panel will serve four-year terms and will not be paid.
The commission will coordinate events to mark International Holocaust Remembrance Day, which is January 27th.