Date	Chamber	Action
8/8/2005	Senate	Public Act . . . . . . . . . 94-0508

Statutes Amended In Order of Appearance

5 ILCS 140/7

from Ch. 116, par. 207

Synopsis As Introduced
Amends the Freedom of Information Act. In the Act's existing exemption of certain trade secrets and commercial or financial information obtained by a public body from inspection and copying requirements, states that the exemption specifically includes certain information relating to private equity funds.

Senate Floor Amendment No. 1
Deletes a provision that certain financial information obtained by a public body concerning a private equity fund is exempt from disclosure only if the disclosure of the information may jeopardize the value of the public body's investment or impair the public body's ability to obtain such information in the course of monitoring current investments or evaluating potential investments. Provides that the exemption concerning the financial information does not apply to the identity of a privately held company within the investment portfolio of a private equity fund, unless the disclosure of the identity of a privately held company may cause competitive harm.

	Fiscal Note (Dept. of Commerce & Economic Opportunity)
	Does not impose a fiscal impact on the DCEO. In regard to units of local government, it is anticipated that the legislation will not incur a cost.

Actions 

Date	Chamber	Action
1/26/2005	Senate	Filed with Secretary by Sen. Don Harmon
1/26/2005	Senate	First Reading
1/26/2005	Senate	Referred to Rules
2/2/2005	Senate	Added as Chief Co-Sponsor Sen. Kirk W. Dillard
2/3/2005	Senate	Assigned to Executive
2/15/2005	Senate	Added as Chief Co-Sponsor Sen. Dan Rutherford
2/24/2005	Senate	Postponed - Executive
3/3/2005	Senate	Do Pass Executive; 011-000-000
3/3/2005	Senate	Placed on Calendar Order of 2nd Reading March 8, 2005
3/10/2005	Senate	Second Reading
3/10/2005	Senate	Placed on Calendar Order of 3rd Reading March 15, 2005
3/14/2005	Senate	Senate Floor Amendment No. 1 Filed with Secretary by Sen. Don Harmon
3/14/2005	Senate	Senate Floor Amendment No. 1 Referred to Rules
4/6/2005	Senate	Senate Floor Amendment No. 1 Rules Refers to Executive
4/7/2005	Senate	Senate Floor Amendment No. 1 Recommend Do Adopt Executive; 011-000-000
4/11/2005	Senate	Recalled to Second Reading
4/11/2005	Senate	Senate Floor Amendment No. 1 Adopted; Harmon
4/11/2005	Senate	Placed on Calendar Order of 3rd Reading April 12, 2005
4/14/2005	Senate	Third Reading - Passed; 059-000-000
4/14/2005	House	Arrived in House
4/14/2005	House	Placed on Calendar Order of First Reading
4/14/2005	House	Alternate Chief Sponsor Changed to Rep. Kurt M. Granberg
4/14/2005	House	First Reading
4/14/2005	House	Referred to Rules Committee
4/20/2005	House	Assigned to State Government Administration Committee
4/27/2005	House	Do Pass / Short Debate State Government Administration Committee; 009-000-000
4/28/2005	House	Placed on Calendar 2nd Reading - Short Debate
5/5/2005	House	Fiscal Note Filed
5/10/2005	House	Second Reading - Short Debate
5/10/2005	House	Placed on Calendar Order of 3rd Reading - Short Debate
5/18/2005	House	Third Reading - Short Debate - Passed 112-003-000
5/18/2005	Senate	Passed Both Houses
6/16/2005	Senate	Sent to the Governor
8/8/2005	Senate	Governor Approved
8/8/2005	Senate	Effective Date January 1, 2006
8/8/2005	Senate	Public Act . . . . . . . . . 94-0508

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