Bill Status of HB 1381   97th General Assembly

Short Description:  FINANCE-TECHNOLOGY ACCOUNT

House Sponsors
Rep. Chris Nybo-Daniel Biss-Tom Cross-Dwight Kay

Last Action  View All Actions

DateChamber Action
  1/8/2013HouseSession 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 the Treasurer to make 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, a separate fund 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. Effective immediately.

Actions 
DateChamber Action
  2/9/2011HouseFiled with the Clerk by Rep. Chris Nybo
  2/14/2011HouseFirst Reading
  2/14/2011HouseReferred to Rules Committee
  2/15/2011HouseAssigned to Executive Committee
  2/16/2011HouseAdded Chief Co-Sponsor Rep. Daniel Biss
  2/16/2011HouseAdded Chief Co-Sponsor Rep. Tom Cross
  2/16/2011HouseRemove Chief Co-Sponsor Rep. Daniel Biss
  2/16/2011HouseAdded Co-Sponsor Rep. Daniel Biss
  2/18/2011HouseAdded Chief Co-Sponsor Rep. Daniel Biss
  2/18/2011HouseRemoved Co-Sponsor Rep. Daniel Biss
  3/17/2011HouseRule 19(a) / Re-referred to Rules Committee
  3/23/2011HouseAdded Chief Co-Sponsor Rep. Dwight Kay
  1/8/2013HouseSession Sine Die

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