Illinois General Assembly - Bill Status for SB0265
Illinois General Assembly

Previous General Assemblies

 Bill Status of SB0265  96th General Assembly


Short Description:  FINANCE-TECHNOLOGY ACCOUNT

Senate Sponsors
Sen. Donne E. Trotter - Dan Kotowski - Emil Jones, III - Don Harmon - Heather Steans and A. J. Wilhelmi

House Sponsors
(Rep. Frank J. Mautino - David E. Miller - John A. Fritchey - Maria Antonia Berrios - Arthur L. Turner, Naomi D. Jakobsson, Renée Kosel, Kathleen A. Ryg, Luis Arroyo, Edward J. Acevedo, Linda Chapa LaVia, Elizabeth Hernandez, Lou Lang, William B. Black, Jehan A. Gordon and Daniel J. Burke)

Last Action
DateChamber Action
  8/7/2009SenatePublic Act . . . . . . . . . 96-0150

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 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, 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.

House Committee Amendment No. 1
Deletes reference to:
30 ILCS 265/11 new
Adds reference to:
30 ILCS 265/1

Replaces everything after the enacting clause. Amends the Technology Development Act. Makes a technical change in a Section concerning the short title of the Act.

House Floor Amendment No. 2
Deletes reference to:
30 ILCS 265/1 new
Adds reference to:
30 ILCS 105/8.49

Deletes everything after the enacting clause. If and only if Senate Bill 1433 of the 96th General Assembly becomes law, amends the State Finance Act concerning special fund transfers to GRF. Deletes provisions concerning re-transfer of amounts to GRF. Allows the Director of the Governor's Office of Management and Budget to order that amounts be transferred back to a special fund from GRF if federal funding would be jeopardized based on a written communication from a federal official or if the transfer from the special fund violates a court order. Effective immediately.

Actions 
DateChamber Action
  2/4/2009SenateFiled with Secretary by Sen. Jeffrey M. Schoenberg
  2/4/2009SenateFirst Reading
  2/4/2009SenateReferred to Assignments
  2/10/2009SenateAdded as Chief Co-Sponsor Sen. Dan Kotowski
  2/10/2009SenateAssigned to Commerce
  2/27/2009SenateAdded as Chief Co-Sponsor Sen. Emil Jones, III
  2/27/2009SenateDo Pass Commerce; 009-000-000
  2/27/2009SenatePlaced on Calendar Order of 2nd Reading March 4, 2009
  3/10/2009SenateAdded as Chief Co-Sponsor Sen. Don Harmon
  3/19/2009SenateSecond Reading
  3/19/2009SenatePlaced on Calendar Order of 3rd Reading March 24, 2009
  4/1/2009SenatePlaced on Calendar Order of 3rd Reading ** April 2, 2009
  4/2/2009SenateAdded as Co-Sponsor Sen. Michael Bond
  4/2/2009SenateAdded as Chief Co-Sponsor Sen. Heather Steans
  4/2/2009SenateAdded as Co-Sponsor Sen. A. J. Wilhelmi
  4/2/2009SenateThird Reading - Passed; 059-000-000
  4/3/2009HouseArrived in House
  4/3/2009HousePlaced on Calendar Order of First Reading
  4/3/2009HouseChief House Sponsor Rep. David E. Miller
  4/6/2009HouseFirst Reading
  4/6/2009HouseReferred to Rules Committee
  4/20/2009HouseAssigned to Executive Committee
  4/22/2009HouseAdded Alternate Chief Co-Sponsor Rep. Tom Cross
  4/22/2009HouseAdded Alternate Chief Co-Sponsor Rep. John A. Fritchey
  4/22/2009HouseAdded Alternate Chief Co-Sponsor Rep. Maria Antonia Berrios
  4/22/2009HouseAdded Alternate Chief Co-Sponsor Rep. Arthur L. Turner
  4/22/2009HouseAdded Alternate Co-Sponsor Rep. Naomi D. Jakobsson
  4/22/2009HouseAdded Alternate Co-Sponsor Rep. Renée Kosel
  4/22/2009HouseAdded Alternate Co-Sponsor Rep. Kathleen A. Ryg
  4/22/2009HouseAdded Alternate Co-Sponsor Rep. Careen M. Gordon
  4/22/2009HouseAdded Alternate Co-Sponsor Rep. Luis Arroyo
  4/22/2009HouseAdded Alternate Co-Sponsor Rep. Edward J. Acevedo
  4/22/2009HouseAdded Alternate Co-Sponsor Rep. Linda Chapa LaVia
  4/22/2009HouseAdded Alternate Co-Sponsor Rep. Elizabeth Hernandez
  4/22/2009HouseAdded Alternate Co-Sponsor Rep. Bob Biggins
  4/22/2009HouseAdded Alternate Co-Sponsor Rep. Raymond Poe
  4/22/2009HouseAdded Alternate Co-Sponsor Rep. Lou Lang
  4/22/2009HouseAdded Alternate Co-Sponsor Rep. William B. Black
  4/30/2009HouseAdded Alternate Co-Sponsor Rep. Jehan A. Gordon
  5/7/2009HouseAdded Alternate Co-Sponsor Rep. Daniel J. Burke
  5/8/2009HouseRule 19(a) / Re-referred to Rules Committee
  5/26/2009HouseFinal Action Deadline Extended-9(b) May 31, 2009
  5/26/2009HouseAssigned to Executive Committee
  5/26/2009HouseMotion Filed to Suspend Rule 25 Executive Committee; Rep. Barbara Flynn Currie
  5/26/2009HouseMotion to Suspend Rule 25 - Prevailed by Voice Vote
  5/27/2009HouseHouse Committee Amendment No. 1 Filed with Clerk by Executive Committee
  5/27/2009HouseHouse Committee Amendment No. 1 Adopted in Executive Committee; by Voice Vote
  5/27/2009HouseDo Pass as Amended / Short Debate Executive Committee; 007-004-000
  5/27/2009HousePlaced on Calendar 2nd Reading - Short Debate
  5/27/2009HouseSecond Reading - Short Debate
  5/27/2009HouseHeld on Calendar Order of Second Reading - Short Debate
  5/30/2009SenateAdded as Co-Sponsor Sen. Kirk W. Dillard
  5/31/2009HouseRule 19(a) / Re-referred to Rules Committee
  6/23/2009HouseLegislation Considered in Special Session No. 1
  6/23/2009HouseFinal Action Deadline Extended-9(b) June 30, 2009
  6/23/2009HouseApproved for Consideration Rules Committee; 004-000-000
  6/23/2009HousePlaced on Calendar 2nd Reading - Short Debate
  6/24/2009HouseHouse Floor Amendment No. 2 Filed with Clerk by Rep. Frank J. Mautino
  6/24/2009HouseHouse Floor Amendment No. 2 Referred to Rules Committee
  6/24/2009HouseHouse Floor Amendment No. 2 Rules Refers to Executive Committee
  6/24/2009HouseAlternate Chief Co-Sponsor Removed Rep. Tom Cross
  6/24/2009HouseHouse Floor Amendment No. 3 Filed with Clerk by Rep. Donald L. Moffitt
  6/24/2009HouseHouse Floor Amendment No. 3 Referred to Rules Committee
  6/24/2009SenateSponsor Removed Sen. Kirk W. Dillard
  6/24/2009HouseHouse Floor Amendment No. 2 Recommends Be Adopted Executive Committee; 010-000-000
  6/24/2009HouseAlternate Co-Sponsor Removed Rep. Careen M. Gordon
  6/24/2009HouseHouse Floor Amendment No. 2 Adopted by Voice Vote
  6/24/2009HousePlaced on Calendar Order of 3rd Reading - Short Debate
  6/24/2009House3/5 Vote Required
  6/24/2009HouseThird Reading - Short Debate - Passed 093-018-000
  6/24/2009HouseHouse Floor Amendment No. 3 Tabled Pursuant to Rule 40(a)
  6/24/2009HouseAlternate Chief Sponsor Changed to Rep. Frank J. Mautino
  6/24/2009HouseAdded Alternate Chief Co-Sponsor Rep. David E. Miller
  6/25/2009HouseAlternate Co-Sponsor Removed Rep. Bob Biggins
  6/25/2009HouseAlternate Co-Sponsor Removed Rep. Raymond Poe
  6/30/2009SenateLegislation Considered in Special Session No. 1
  6/30/2009SenateSecretary's Desk - Concurrence House Amendment(s) 1, 2
  6/30/2009SenatePlaced on Calendar Order of Concurrence House Amendment(s) 1, 2 - June 30, 2009
  6/30/2009SenateChief Sponsor Changed to Sen. Donne E. Trotter
  6/30/2009SenateHouse Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. Donne E. Trotter
  6/30/2009SenateHouse Committee Amendment No. 1 Motion to Concur Referred to Assignments
  6/30/2009SenateHouse Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. Donne E. Trotter
  6/30/2009SenateHouse Floor Amendment No. 2 Motion to Concur Referred to Assignments
  6/30/2009SenateHouse Committee Amendment No. 1 Motion to Concur Assignments Referred to Executive
  6/30/2009SenateHouse Floor Amendment No. 2 Motion to Concur Assignments Referred to Executive
  6/30/2009SenateHouse Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Executive; 010-002-000
  6/30/2009SenateHouse Floor Amendment No. 2 Motion To Concur Recommended Do Adopt Executive; 010-002-000
  6/30/2009SenateSponsor Removed Sen. Michael Bond
  6/30/2009Senate3/5 Vote Required
  6/30/2009SenateHouse Committee Amendment No. 1 Senate Concurs 055-003-000
  6/30/2009SenateHouse Floor Amendment No. 2 Senate Concurs 055-003-000
  6/30/2009SenatePassed Both Houses
  7/29/2009SenateSent to the Governor
  8/7/2009SenateGovernor Approved
  8/7/2009SenateEffective Date August 7, 2009
  8/7/2009SenatePublic Act . . . . . . . . . 96-0150

Back To Top