Illinois General Assembly - Bill Status for HB5947
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 Bill Status of HB5947  95th General Assembly


Short Description:  IL OPPORTUNITY FUND

House Sponsors
Rep. Bob Biggins - Mark H. Beaubien, Jr. - Michael Tryon

Last Action
DateChamber Action
  1/13/2009HouseSession Sine Die

Statutes Amended In Order of Appearance
New Act
30 ILCS 105/5.708 new


Synopsis As Introduced
Creates the Illinois Opportunity Fund Act. Contains provisions intended to increase the availability and facilitate the delivery of institutional venture capital to emerging and expanding enterprises in the State of Illinois. Defines the role of the Department of Commerce and Economic Opportunity. Creates the Illinois Opportunity Fund and provides for the creation of the Illinois Capital Investment Corporation. Amends the State Finance Act to create the Illinois Opportunity Special Projects Fund. Contains other provisions. Effective immediately.

Actions 
DateChamber Action
  2/15/2008HouseFiled with the Clerk by Rep. Bob Biggins
  2/15/2008HouseChief Co-Sponsor Rep. Mark H. Beaubien, Jr.
  2/15/2008HouseChief Co-Sponsor Rep. Michael Tryon
  2/15/2008HouseFirst Reading
  2/15/2008HouseReferred to Rules Committee
  1/13/2009HouseSession Sine Die

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