94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006
SB1785

 

Introduced 2/25/2005, by Sen. Dan Rutherford - Frank C. Watson

 

SYNOPSIS AS INTRODUCED:
 
30 ILCS 265/5

    Amends the Technology Development Act. Makes a technical change in a Section concerning the purpose of the Act.


LRB094 03591 BDD 33595 b

 

 

A BILL FOR

 

SB1785 LRB094 03591 BDD 33595 b

1     AN ACT concerning finance.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 5. The Technology Development Act is amended by
5 changing Section 5 as follows:
 
6     (30 ILCS 265/5)
7     Sec. 5. Policy. The Illinois General Assembly finds that it
8 is important for the the State to encourage technology
9 development in the State. The purpose of this Act is to
10 attract, assist, and retain quality technology businesses in
11 Illinois. The creation of the Technology Development Account
12 will allow the State to bring together, and add to, Illinois'
13 rich science, technology, and business communities.
14 (Source: P.A. 92-851, eff. 8-26-02.)