IL HB4819 | 2009-2010 | 96th General Assembly

Status

Spectrum: Strong Partisan Bill (Democrat 11-1)
Status: Introduced on January 12 2010 - 25% progression, died in committee
Action: 2010-02-25 - Added Co-Sponsor Rep. Al Riley
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Technology Development Act. Authorizes the State Treasurer to segregate up to 2% of the Treasurer's investment portfolio in the Technology Development Account IIa. Authorizes investments from the account to provide venture capital to help attract, assist, and retain quality technology businesses in Illinois. Contains provisions concerning soliciting proposals from entities to manage and be the General Partner of Technology Development Account IIb, consisting of investments from the private sector that must invest, at the direction of the Treasurer, in tandem with TDA IIa. Sets restrictions and conditions on the use of these accounts. Effective immediately.

Tracking Information

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Title

FINANCE-TECHNOLOGY ACCOUNT

Sponsors


History

DateChamberAction
2010-02-25 Added Co-Sponsor Rep. Al Riley
2010-02-18 Added Co-Sponsor Rep. William Davis
2010-02-17 Added Co-Sponsor Rep. Susana A. Mendoza
2010-02-17 Added Co-Sponsor Rep. John A. Fritchey
2010-02-17 Added Co-Sponsor Rep. AndrĂ© M. Thapedi
2010-02-17 Added Co-Sponsor Rep. Robert Rita
2010-02-17 Added Co-Sponsor Rep. Anthony DeLuca
2010-02-17 Added Chief Co-Sponsor Rep. Maria Antonia Berrios
2010-02-17 Added Chief Co-Sponsor Rep. Arthur L. Turner
2010-02-17 Added Chief Co-Sponsor Rep. Lou Lang
2010-02-17 Added Chief Co-Sponsor Rep. Tom Cross
2010-01-12 Referred to Rules Committee
2010-01-12 First Reading
2010-01-12 Filed with the Clerk by Rep. David E. Miller

Illinois State Sources


Bill Comments

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