Senate Sponsors: WEAVER-PHILIP. Short description: STATE FINANCE AUTHORITY-NEW Synopsis of Bill as introduced: Creates the Illinois State Finance Authority Act. Establishes the Illinois State Finance Authority. Consolidates the following into the new Authority: Illinois Development Finance Authority, Illinois Farm Development Authority, Illinois Health Facilities Authority, Illinois Housing Development Authority, Illinois Research Park Authority, Illinois Rural Bond Bank, State Parks Revenue Bond Commission, Joliet Arsenal Development Authority, Quad Cities Regional Economic Development Authority, Southwestern Illinois Development Authority, Tri-County River Valley Development Authority, Upper Illinois River Valley Authority, Will-Kankakee Regional Development Authority, Illinois Student Assistance Commission, Illinois Educational Facilities Authority, and Illinois Community Development Finance Corporation. Consolidates the Prairie State 2000 Authority into the Department of Commerce and Community Affairs. Repeals the Acts establishing the entities being consolidated. Amends numerous Acts to make conforming changes. PENSION NOTE (Pension Laws Commission) SB 1010 has no fiscal impact. Last action on Bill: SESSION SINE DIE Last action date: JAN-07-2003 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status