Bill Status of HB 1564   99th General Assembly


Short Description:  EDGE-NO NEW CREDITS

House Sponsors
Rep. David McSweeney

Last Action  View All Actions

DateChamber Action
  1/10/2017HouseSession Sine Die

Statutes Amended In Order of Appearance
30 ILCS 105/5.866 new
30 ILCS 105/5.868 new
30 ILCS 105/6z-101 new
30 ILCS 105/6z-102 new
35 ILCS 10/5-15
35 ILCS 10/5-77

Synopsis As Introduced
Amends the Economic Development for a Growing Economy Tax Credit Act. Provides that no new Agreements may be entered into under the Act on or after the effective date of the amendatory Act. Amends the State Finance Act. Creates the Foster Homes and Specialized Foster Care Fund and the Permanent Unpaid Bill Repayment Fund. Provides that moneys in the Foster Homes and Specialized Foster Care Fund shall be used by the Department of Children and Family Services for the purpose of providing specialized care to children who are in a subsidized guardianship arrangement or under an adoption assistance agreement and require specialized services because of emotional, behavioral, developmental, or medical needs. Provides for transfers from the General Revenue Fund to the Foster Homes and Specialized Foster Care Fund. Provides that excess moneys in the Foster Homes and Specialized Foster Care Fund shall be transferred to the Permanent Unpaid Bill Repayment Fund. Provides that moneys in the Permanent Unpaid Bill Repayment Fund shall be used to make payments to bona fide creditors of the State. Effective immediately.

Actions 
DateChamber Action
  2/9/2015HouseFiled with the Clerk by Rep. David McSweeney
  2/9/2015HouseFirst Reading
  2/9/2015HouseReferred to Rules Committee
  2/24/2015HouseAssigned to Revenue & Finance Committee
  2/26/2015HouseTo Income Tax Subcommittee
  5/31/2015HouseRule 19(a) / Re-referred to Rules Committee
  1/10/2017HouseSession Sine Die

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