Bill Status of SB0786  95th General Assembly


Short Description:  TECHNOLOGY DEVELOPMENT ACCOUNT

Senate Sponsors
Sen. Jeffrey M. Schoenberg - Emil Jones, Jr. - Dan Kotowski - Kirk W. Dillard - Susan Garrett, Pamela J. Althoff, Don Harmon and Jacqueline Y. Collins

House Sponsors
(Rep. David E. Miller - John A. Fritchey - Maria Antonia Berrios - Tom Cross - Arthur L. Turner, Susana A Mendoza, Greg Harris, Kenneth Dunkin, Monique D. Davis, Sara Feigenholtz, Naomi D. Jakobsson, Elizabeth Coulson, Bob Biggins, Mike Bost, Marlow H. Colvin, William Davis, Lisa M. Dugan, Gary Hannig, Joseph M. Lyons, Harry Osterman, Al Riley, Kathleen A. Ryg, Kevin Joyce and Raymond Poe)

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

Statutes Amended In Order of Appearance
30 ILCS 105/6z-51


Synopsis As Introduced
Amends the State Finance Act. Makes a technical change in a Section concerning the Budget Stabilization Fund.

Senate Floor Amendment No. 1
Deletes reference to:
30 ILCS 105/6z-51
Adds reference to:
30 ILCS 265/11 new

Deletes everything after the enacting clause. 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.

Actions 
DateChamber Action
  2/8/2007SenateFiled with Secretary by Sen. Ira I. Silverstein
  2/8/2007SenateChief Co-Sponsor Sen. Emil Jones, Jr.
  2/8/2007SenateFirst Reading
  2/8/2007SenateReferred to Rules
  3/7/2007SenateAssigned to Executive
  3/15/2007SenateDo Pass Executive; 007-005-000
  3/15/2007SenatePlaced on Calendar Order of 2nd Reading March 20, 2007
  3/22/2007SenateSecond Reading
  3/22/2007SenatePlaced on Calendar Order of 3rd Reading March 27, 2007
  3/30/2007SenateRule 2-10 Third Reading Deadline Established As May 31, 2007
  5/31/2007SenateRule 2-10 Third Reading Deadline Established As December 31, 2007
  12/3/2007SenatePursuant to Senate Rule 3-9(b) / Referred to Rules
  1/9/2008SenateApproved for Consideration Rules
  1/9/2008SenatePlaced on Calendar Order of 3rd Reading January 10, 2008
  4/2/2008SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. Jeffrey M. Schoenberg
  4/2/2008SenateSenate Floor Amendment No. 1 Referred to Rules
  4/2/2008SenateSenate Floor Amendment No. 1 Rules Refers to State Government and Veterans Affairs
  4/3/2008SenateSenate Floor Amendment No. 1 Recommend Do Adopt State Government and Veterans Affairs; 009-000-000
  4/3/2008SenateAdded as Chief Co-Sponsor Sen. Dan Kotowski
  4/3/2008SenateChief Sponsor Changed to Sen. Jeffrey M. Schoenberg
  4/8/2008SenateRecalled to Second Reading
  4/8/2008SenateSenate Floor Amendment No. 1 Adopted; Schoenberg
  4/8/2008SenatePlaced on Calendar Order of 3rd Reading April 9, 2008
  4/8/2008SenateAdded as Chief Co-Sponsor Sen. Kirk W. Dillard
  4/8/2008SenateAdded as Chief Co-Sponsor Sen. Susan Garrett
  4/16/2008SenateAdded as Co-Sponsor Sen. Pamela J. Althoff
  4/16/2008SenateAdded as Co-Sponsor Sen. Don Harmon
  4/16/2008SenateAdded as Co-Sponsor Sen. Jacqueline Y. Collins
  4/16/2008SenateThird Reading - Passed; 058-000-000
  4/17/2008HouseArrived in House
  4/17/2008HousePlaced on Calendar Order of First Reading
  4/17/2008HouseChief House Sponsor Rep. David E. Miller
  4/17/2008HouseAdded Alternate Chief Co-Sponsor Rep. John A. Fritchey
  4/17/2008HouseFirst Reading
  4/17/2008HouseReferred to Rules Committee
  5/8/2008HouseAdded Alternate Chief Co-Sponsor Rep. Maria Antonia Berrios
  7/16/2008HouseAdded Alternate Chief Co-Sponsor Rep. Susana A Mendoza
  7/16/2008HouseAdded Alternate Chief Co-Sponsor Rep. Arthur L. Turner
  7/16/2008HouseAdded Alternate Co-Sponsor Rep. Greg Harris
  7/16/2008HouseAdded Alternate Co-Sponsor Rep. Kenneth Dunkin
  7/16/2008HouseAdded Alternate Co-Sponsor Rep. Monique D. Davis
  7/16/2008HouseAdded Alternate Co-Sponsor Rep. Sara Feigenholtz
  7/16/2008HouseAdded Alternate Co-Sponsor Rep. Naomi D. Jakobsson
  7/16/2008HouseAdded Alternate Co-Sponsor Rep. Elizabeth Coulson
  8/15/2008HouseAlternate Chief Co-Sponsor Removed Rep. Susana A Mendoza
  8/15/2008HouseAdded Alternate Chief Co-Sponsor Rep. Tom Cross
  8/15/2008HouseAdded Alternate Co-Sponsor Rep. Susana A Mendoza
  8/15/2008HouseAdded Alternate Co-Sponsor Rep. Bob Biggins
  8/15/2008HouseAdded Alternate Co-Sponsor Rep. Mike Bost
  8/15/2008HouseAdded Alternate Co-Sponsor Rep. Marlow H. Colvin
  8/15/2008HouseAdded Alternate Co-Sponsor Rep. William Davis
  8/15/2008HouseAdded Alternate Co-Sponsor Rep. Lisa M. Dugan
  8/15/2008HouseAdded Alternate Co-Sponsor Rep. Gary Hannig
  8/15/2008HouseAdded Alternate Co-Sponsor Rep. Joseph M. Lyons
  8/15/2008HouseAdded Alternate Co-Sponsor Rep. Harry Osterman
  8/15/2008HouseAdded Alternate Co-Sponsor Rep. Al Riley
  8/15/2008HouseAdded Alternate Co-Sponsor Rep. Kathleen A. Ryg
  8/15/2008HouseAdded Alternate Co-Sponsor Rep. Kevin Joyce
  8/19/2008HouseAdded Alternate Co-Sponsor Rep. Raymond Poe
  1/13/2009SenateSession Sine Die