Bill Status of HB 314   99th General Assembly

Short Description:  ECONOMIC DEVELOPMENT CORP

House Sponsors
Rep. Joe Sosnowski-Dwight Kay

Last Action  View All Actions

DateChamber Action
  1/10/2017HouseSession Sine Die

Statutes Amended In Order of Appearance
New Act

Synopsis As Introduced
Creates the Illinois Economic Development Corporation Act. Creates the Illinois Economic Development Corporation. Creates the board of directors of the Corporation and sets forth the membership of the board. Provides that the board shall develop and implement economic programs to provide business support and expertise and financial assistance to companies that are investing and creating jobs in Illinois and to support new business start-ups and business expansion and growth in Illinois. Sets forth the powers of the board. Creates the Illinois Small Business Development Center within the corporation to provide business counseling and educational programs developed at the local, regional, and State level to support Illinois small business creation and growth. Provides that the Center shall provide assistance, in the form of training, counseling, and information resources, to startup businesses and job-creator firms regarding the startup process. Provides that the board shall submit annual reports to the members of the General Assembly. Effective immediately.

Actions 
DateChamber Action
  1/27/2015HouseFiled with the Clerk by Rep. Joe Sosnowski
  1/27/2015HouseFirst Reading
  1/27/2015HouseReferred to Rules Committee
  2/6/2015HouseAdded Chief Co-Sponsor Rep. Dwight Kay
  2/13/2015HouseAssigned to Economic Development & Housing Committee
  2/26/2015HouseTo Economic Growth and Modernization Subcommittee
  3/5/2015HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Joe Sosnowski
  3/5/2015HouseHouse Committee Amendment No. 1 Referred to Rules Committee
  3/27/2015HouseRule 19(a) / Re-referred to Rules Committee
  1/10/2017HouseSession Sine Die

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