Bill Status of HB 690   94th General Assembly

Short Description:  EASTERN IL ECON DEV AUTHORITY

House Sponsors
Rep. Roger L. Eddy-William B. Black-David Reis-Chapin Rose-Robert F. Flider

Senate Sponsors
(Sen. Dale A. Righter)


Last Action  View All Actions

DateChamber Action
  7/13/2005HousePublic Act . . . . . . . . . 94-0203

Statutes Amended In Order of Appearance
New Act

Synopsis As Introduced
Creates the Eastern Illinois Economic Development Authority Act. Creates the Eastern Illinois Economic Development Authority in Ford, Iroquois, Piatt, Champaign, Vermillion, Douglas, Moultrie, Shelby, Coles, and Edgar counties in order to promote economic development within those counties. Contains provisions concerning the powers and duties of the Authority. Allows the Authority to acquire, own, sell, lease, or otherwise dispose of interests in real property and to issue bonds, notes, or other evidences of indebtedness for certain purposes in an aggregate amount not to exceed $250,000,000. Provides that the Authority shall be governed by a 14-member board. Contains other provisions. Effective immediately.

House Amendment No. 1
Amends the Eastern Illinois Economic Development Authority Act. Deletes the provision in which the State pays the amounts due on Authority bonds when the Authority cannot pay the amounts due. Deletes the provision for the Authority to designate enterprise zones.

Actions 
DateChamber Action
  2/1/2005HouseFiled with the Clerk by Rep. Roger L. Eddy
  2/1/2005HouseFirst Reading
  2/1/2005HouseReferred to Rules Committee
  2/8/2005HouseAssigned to Executive Committee
  3/9/2005HouseHouse Amendment No. 1 Filed with Clerk by Executive Committee
  3/9/2005HouseHouse Amendment No. 1 Adopted in Executive Committee; by Voice Vote
  3/9/2005HouseDo Pass as Amended / Short Debate Executive Committee; 013-000-000
  3/10/2005HousePlaced on Calendar 2nd Reading - Short Debate
  4/8/2005HouseSecond Reading - Short Debate
  4/8/2005HouseHeld on Calendar Order of Second Reading - Short Debate
  4/12/2005HousePlaced on Calendar Order of 3rd Reading - Short Debate
  4/14/2005HouseThird Reading - Short Debate - Passed 117-000-000
  4/14/2005HouseAdded Chief Co-Sponsor Rep. William B. Black
  4/14/2005HouseAdded Chief Co-Sponsor Rep. David Reis
  4/14/2005HouseAdded Chief Co-Sponsor Rep. Chapin Rose
  4/14/2005HouseAdded Chief Co-Sponsor Rep. Robert F. Flider
  4/15/2005SenateArrive in Senate
  4/15/2005SenatePlaced on Calendar Order of First Reading
  4/15/2005SenateChief Senate Sponsor Sen. Dale A. Righter
  4/15/2005SenateFirst Reading
  4/15/2005SenateReferred to Rules
  4/21/2005SenateAssigned to Commerce & Economic Development
  5/5/2005SenateDo Pass Commerce & Economic Development; 006-000-000
  5/5/2005SenatePlaced on Calendar Order of 2nd Reading May 10, 2005
  5/17/2005SenateSecond Reading
  5/17/2005SenatePlaced on Calendar Order of 3rd Reading May 18, 2005
  5/19/2005SenateThird Reading - Passed; 058-000-000
  5/19/2005HousePassed Both Houses
  6/17/2005HouseSent to the Governor
  7/13/2005HouseGovernor Approved
  7/13/2005HouseEffective Date July 13, 2005
  7/13/2005HousePublic Act . . . . . . . . . 94-0203

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