Illinois General Assembly - Bill Status for SB 265

Bill Status of SB 265 96th General Assembly

Short Description: FINANCE-TECHNOLOGY ACCOUNT

Senate Sponsors
Sen. Donne E. Trotter-Dan Kotowski-Emil Jones, III-Don Harmon-Heather Steans and A. J. Wilhelmi

House Sponsors
(Rep. Frank J. Mautino-David E. Miller-John A. Fritchey-Maria Antonia Berrios-Arthur L. Turner, Naomi D. Jakobsson, Renée Kosel, Kathleen A. Ryg, Luis Arroyo, Edward J. Acevedo, Linda Chapa LaVia, Elizabeth Hernandez, Lou Lang, William B. Black, Jehan A. Gordon and Daniel J. Burke)

Last Action View All Actions

Date Chamber Action
  8/7/2009 Senate Public Act . . . . . . . . . 96-0150

Statutes Amended In Order of Appearance
30 ILCS 265/11 new

Synopsis As Introduced
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. Effective immediately.

House Committee Amendment No. 1
Deletes reference to:
30 ILCS 265/11 new
Adds reference to:
30 ILCS 265/1

Replaces everything after the enacting clause. Amends the Technology Development Act. Makes a technical change in a Section concerning the short title of the Act.

House Floor Amendment No. 2
Deletes reference to:
30 ILCS 265/1 new
Adds reference to:
30 ILCS 105/8.49

Deletes everything after the enacting clause. If and only if Senate Bill 1433 of the 96th General Assembly becomes law, amends the State Finance Act concerning special fund transfers to GRF. Deletes provisions concerning re-transfer of amounts to GRF. Allows the Director of the Governor's Office of Management and Budget to order that amounts be transferred back to a special fund from GRF if federal funding would be jeopardized based on a written communication from a federal official or if the transfer from the special fund violates a court order. Effective immediately.

Actions
Date Chamber Action
  2/4/2009 Senate Filed with Secretary by Sen. Jeffrey M. Schoenberg
  2/4/2009 Senate First Reading
  2/4/2009 Senate Referred to Assignments
  2/10/2009 Senate Added as Chief Co-Sponsor Sen. Dan Kotowski
  2/10/2009 Senate Assigned to Commerce
  2/27/2009 Senate Added as Chief Co-Sponsor Sen. Emil Jones, III
  2/27/2009 Senate Do Pass Commerce; 009-000-000
  2/27/2009 Senate Placed on Calendar Order of 2nd Reading March 4, 2009
  3/10/2009 Senate Added as Chief Co-Sponsor Sen. Don Harmon
  3/19/2009 Senate Second Reading
  3/19/2009 Senate Placed on Calendar Order of 3rd Reading March 24, 2009
  4/1/2009 Senate Placed on Calendar Order of 3rd Reading ** April 2, 2009
  4/2/2009 Senate Added as Co-Sponsor Sen. Michael Bond
  4/2/2009 Senate Added as Chief Co-Sponsor Sen. Heather Steans
  4/2/2009 Senate Added as Co-Sponsor Sen. A. J. Wilhelmi
  4/2/2009 Senate Third Reading - Passed; 059-000-000
  4/3/2009 House Arrived in House
  4/3/2009 House Placed on Calendar Order of First Reading
  4/3/2009 House Chief House Sponsor Rep. David E. Miller
  4/6/2009 House First Reading
  4/6/2009 House Referred to Rules Committee
  4/20/2009 House Assigned to Executive Committee
  4/22/2009 House Added Alternate Chief Co-Sponsor Rep. Tom Cross
  4/22/2009 House Added Alternate Chief Co-Sponsor Rep. John A. Fritchey
  4/22/2009 House Added Alternate Chief Co-Sponsor Rep. Maria Antonia Berrios
  4/22/2009 House Added Alternate Chief Co-Sponsor Rep. Arthur L. Turner
  4/22/2009 House Added Alternate Co-Sponsor Rep. Naomi D. Jakobsson
  4/22/2009 House Added Alternate Co-Sponsor Rep. Renée Kosel
  4/22/2009 House Added Alternate Co-Sponsor Rep. Kathleen A. Ryg
  4/22/2009 House Added Alternate Co-Sponsor Rep. Careen M. Gordon
  4/22/2009 House Added Alternate Co-Sponsor Rep. Luis Arroyo
  4/22/2009 House Added Alternate Co-Sponsor Rep. Edward J. Acevedo
  4/22/2009 House Added Alternate Co-Sponsor Rep. Linda Chapa LaVia
  4/22/2009 House Added Alternate Co-Sponsor Rep. Elizabeth Hernandez
  4/22/2009 House Added Alternate Co-Sponsor Rep. Bob Biggins
  4/22/2009 House Added Alternate Co-Sponsor Rep. Raymond Poe
  4/22/2009 House Added Alternate Co-Sponsor Rep. Lou Lang
  4/22/2009 House Added Alternate Co-Sponsor Rep. William B. Black
  4/30/2009 House Added Alternate Co-Sponsor Rep. Jehan A. Gordon
  5/7/2009 House Added Alternate Co-Sponsor Rep. Daniel J. Burke
  5/8/2009 House Rule 19(a) / Re-referred to Rules Committee
  5/26/2009 House Final Action Deadline Extended-9(b) May 31, 2009
  5/26/2009 House Assigned to Executive Committee
  5/26/2009 House Motion Filed to Suspend Rule 25 Executive Committee; Rep. Barbara Flynn Currie
  5/26/2009 House Motion to Suspend Rule 25 - Prevailed by Voice Vote
  5/27/2009 House House Committee Amendment No. 1 Filed with Clerk by Executive Committee
  5/27/2009 House House Committee Amendment No. 1 Adopted in Executive Committee; by Voice Vote
  5/27/2009 House Do Pass as Amended / Short Debate Executive Committee; 007-004-000
  5/27/2009 House Placed on Calendar 2nd Reading - Short Debate
  5/27/2009 House Second Reading - Short Debate
  5/27/2009 House Held on Calendar Order of Second Reading - Short Debate
  5/30/2009 Senate Added as Co-Sponsor Sen. Kirk W. Dillard
  5/31/2009 House Rule 19(a) / Re-referred to Rules Committee
  6/23/2009 House Legislation Considered in Special Session No. 1
  6/23/2009 House Final Action Deadline Extended-9(b) June 30, 2009
  6/23/2009 House Approved for Consideration Rules Committee; 004-000-000
  6/23/2009 House Placed on Calendar 2nd Reading - Short Debate
  6/24/2009 House House Floor Amendment No. 2 Filed with Clerk by Rep. Frank J. Mautino
  6/24/2009 House House Floor Amendment No. 2 Referred to Rules Committee
  6/24/2009 House House Floor Amendment No. 2 Rules Refers to Executive Committee
  6/24/2009 House Alternate Chief Co-Sponsor Removed Rep. Tom Cross
  6/24/2009 House House Floor Amendment No. 3 Filed with Clerk by Rep. Donald L. Moffitt
  6/24/2009 House House Floor Amendment No. 3 Referred to Rules Committee
  6/24/2009 Senate Sponsor Removed Sen. Kirk W. Dillard
  6/24/2009 House House Floor Amendment No. 2 Recommends Be Adopted Executive Committee; 010-000-000
  6/24/2009 House Alternate Co-Sponsor Removed Rep. Careen M. Gordon
  6/24/2009 House House Floor Amendment No. 2 Adopted by Voice Vote
  6/24/2009 House Placed on Calendar Order of 3rd Reading - Short Debate
  6/24/2009 House 3/5 Vote Required
  6/24/2009 House Third Reading - Short Debate - Passed 093-018-000
  6/24/2009 House House Floor Amendment No. 3 Tabled Pursuant to Rule 40(a)
  6/24/2009 House Alternate Chief Sponsor Changed to Rep. Frank J. Mautino
  6/24/2009 House Added Alternate Chief Co-Sponsor Rep. David E. Miller
  6/25/2009 House Alternate Co-Sponsor Removed Rep. Bob Biggins
  6/25/2009 House Alternate Co-Sponsor Removed Rep. Raymond Poe
  6/30/2009 Senate Legislation Considered in Special Session No. 1
  6/30/2009 Senate Secretary's Desk - Concurrence House Amendment(s) 1, 2
  6/30/2009 Senate Placed on Calendar Order of Concurrence House Amendment(s) 1, 2 - June 30, 2009
  6/30/2009 Senate Chief Sponsor Changed to Sen. Donne E. Trotter
  6/30/2009 Senate House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. Donne E. Trotter
  6/30/2009 Senate House Committee Amendment No. 1 Motion to Concur Referred to Assignments
  6/30/2009 Senate House Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. Donne E. Trotter
  6/30/2009 Senate House Floor Amendment No. 2 Motion to Concur Referred to Assignments
  6/30/2009 Senate House Committee Amendment No. 1 Motion to Concur Assignments Referred to Executive
  6/30/2009 Senate House Floor Amendment No. 2 Motion to Concur Assignments Referred to Executive
  6/30/2009 Senate House Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Executive; 010-002-000
  6/30/2009 Senate House Floor Amendment No. 2 Motion To Concur Recommended Do Adopt Executive; 010-002-000
  6/30/2009 Senate Sponsor Removed Sen. Michael Bond
  6/30/2009 Senate 3/5 Vote Required
  6/30/2009 Senate House Committee Amendment No. 1 Senate Concurs 055-003-000
  6/30/2009 Senate House Floor Amendment No. 2 Senate Concurs 055-003-000
  6/30/2009 Senate Passed Both Houses
  7/29/2009 Senate Sent to the Governor
  8/7/2009 Senate Governor Approved
  8/7/2009 Senate Effective Date August 7, 2009
  8/7/2009 Senate Public Act . . . . . . . . . 96-0150

Back To Top

Date	Chamber	Action
8/7/2009	Senate	Public Act . . . . . . . . . 96-0150