Bill Status of HB4819  96th General Assembly


Short Description:  FINANCE-TECHNOLOGY ACCOUNT

House Sponsors
Rep. David E. Miller - Tom Cross - Lou Lang - Arthur L. Turner - Maria Antonia Berrios, Anthony DeLuca, Robert Rita, André M. Thapedi, John A. Fritchey, Susana A. Mendoza, William Davis and Al Riley

Last Action
DateChamber Action
  1/11/2011HouseSession Sine Die

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 on the use of these accounts. Effective immediately.

Actions 
DateChamber Action
  1/12/2010HouseFiled with the Clerk by Rep. David E. Miller
  1/12/2010HouseFirst Reading
  1/12/2010HouseReferred to Rules Committee
  2/17/2010HouseAdded Chief Co-Sponsor Rep. Tom Cross
  2/17/2010HouseAdded Chief Co-Sponsor Rep. Lou Lang
  2/17/2010HouseAdded Chief Co-Sponsor Rep. Arthur L. Turner
  2/17/2010HouseAdded Chief Co-Sponsor Rep. Maria Antonia Berrios
  2/17/2010HouseAdded Co-Sponsor Rep. Anthony DeLuca
  2/17/2010HouseAdded Co-Sponsor Rep. Robert Rita
  2/17/2010HouseAdded Co-Sponsor Rep. André M. Thapedi
  2/17/2010HouseAdded Co-Sponsor Rep. John A. Fritchey
  2/17/2010HouseAdded Co-Sponsor Rep. Susana A. Mendoza
  2/18/2010HouseAdded Co-Sponsor Rep. William Davis
  2/25/2010HouseAdded Co-Sponsor Rep. Al Riley
  1/11/2011HouseSession Sine Die