Illinois General Assembly - Bill Status for SB1690
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 Bill Status of SB1690  102nd General Assembly

Short Description:  EDGE-DCEO-VARIOUS

Senate Sponsors
Sen. Scott M. Bennett and Laura M. Murphy

House Sponsors
(Rep. Margaret Croke)

Last Action
DateChamber Action
  8/6/2021SenatePublic Act . . . . . . . . . 102-0330

Statutes Amended In Order of Appearance
20 ILCS 605/605-1055 new
20 ILCS 605/605-320 rep.
30 ILCS 105/5.936 new
30 ILCS 750/Art. 11 rep.
35 ILCS 10/5-5
35 ILCS 10/5-10
35 ILCS 10/5-25
35 ILCS 10/5-70
35 ILCS 10/5-90
35 ILCS 10/5-40 rep.

Synopsis As Introduced
Amends the Economic Development for a Growing Economy Tax Credit Act. Repeals provisions concerning the Illinois Business Investment Committee. Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code. Creates the Illinois Small Business Fund as a nonappropriated separate and apart trust fund in the State Treasury. Provides that the Department of Commerce and Economic Opportunity shall use moneys in the Fund to manage proceeds that result from investments that the Department has undertaken through economic development programs. Amends the State Finance Act to make a conforming change. Repeals the Illinois Small Business Incubator Article within the Build Illinois Act.

DateChamber Action
  2/26/2021SenateFiled with Secretary by Sen. Scott M. Bennett
  2/26/2021SenateFirst Reading
  2/26/2021SenateReferred to Assignments
  3/9/2021SenateAssigned to Revenue
  3/19/2021SenatePostponed - Revenue
  3/19/2021SenateTo Revenue- Special Issues
  4/16/2021SenateRule 2-10 Committee Deadline Established As April 23, 2021
  4/21/2021SenateReported Back To Revenue; 002-000-000
  4/21/2021SenateDo Pass Revenue; 010-000-000
  4/21/2021SenatePlaced on Calendar Order of 2nd Reading April 22, 2021
  4/22/2021SenateSecond Reading
  4/22/2021SenatePlaced on Calendar Order of 3rd Reading April 23, 2021
  4/23/2021SenateThird Reading - Passed; 058-000-000
  4/23/2021SenateAdded as Co-Sponsor Sen. Laura M. Murphy
  4/26/2021HouseArrived in House
  4/27/2021HouseChief House Sponsor Rep. Margaret Croke
  4/27/2021HouseFirst Reading
  4/27/2021HouseReferred to Rules Committee
  5/4/2021HouseAssigned to Revenue & Finance Committee
  5/13/2021HouseDo Pass / Consent Calendar Revenue & Finance Committee; 018-000-000
  5/13/2021HousePlaced on Calendar 2nd Reading - Consent Calendar
  5/24/2021HouseSecond Reading - Consent Calendar
  5/24/2021HouseHeld on Calendar Order of Second Reading - Consent Calendar
  5/25/2021HousePlaced on Calendar Order of 3rd Reading - Consent Calendar
  5/26/2021HouseThird Reading - Consent Calendar - First Day
  5/27/2021HouseThird Reading - Consent Calendar - Passed 116-000-000
  5/27/2021SenatePassed Both Houses
  6/25/2021SenateSent to the Governor
  8/6/2021SenateGovernor Approved
  8/6/2021SenateEffective Date January 1, 2022
  8/6/2021SenatePublic Act . . . . . . . . . 102-0330

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