91st General Assembly
Status of SB1239
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MAITLAND-SIEBEN-DILLARD.

   20 ILCS 230/10                                                              
   20 ILCS 230/15                                                              
   20 ILCS 230/20                                                              
   20 ILCS 230/30 new                                                          
   20 ILCS 230/35 new                                                          
   20 ILCS 230/40 new                                                          
   20 ILCS 230/50 new                                                          
   20 ILCS 230/60 new                                                          
   20 ILCS 230/65 new                                                          
   20 ILCS 230/70 new                                                          
   20 ILCS 230/75 new                                                          
   20 ILCS 230/80 new                                                          
   20 ILCS 230/85 new                                                          
   20 ILCS 230/90 new                                                          
   20 ILCS 230/100 new                                                         
   20 ILCS 230/110 new                                                         
   20 ILCS 230/115 new                                                         
   20 ILCS 230/120 new                                                         
   20 ILCS 230/130 new                                                         
   30 ILCS 105/5.490 new                                                       

        Amends the Biotechnology Sector  Development  Act.  Requires  the      
   Department  of  Agriculture  to  work  with  the Illinois Coalition to      
   establish a targeted sector program in  biotechnology.   Requires  the      
   Department  of  Commerce  and  Community Affairs to cooperate with the      
   Biotechnology Advisory Council.  Requires the  Biotechnology  Advisory      
   Council  to  recommend  changes in policy or law that will promote the      
   development of biotechnology in Illinois to the Department of Commerce      
   and Community Affairs.  Creates the Illinois Biotechnology Development      
   Authority.  Provides for the designation or appointment of 4 nonvoting      
   members and 13 voting members to the Authority's Board.  Requires  the      
   appointment  of  an  executive  director  of  the Authority.  Sets the      
   powers, duties, and responsibilities of the Authority.  Requires Board      
   members to serve without compensation.  Authorizes  the  Authority  to      
   issue  bonds.   Exempts  the  Authority and the Authority's bonds from      
   taxation.  Provides that the Authority has no taxing power.   Requires      
   the  Authority  to  make  an  annual  report to its members and to the      
   Governor, State Comptroller, General Assembly, and  Illinois  Economic      
   and Fiscal Commission.  Makes other changes.  Amends the State Finance      
   Act to create the Biotechnology Projects Fund. Effective immediately.       
   99-05-19  S  FIRST READING                                                  
   99-05-19  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   01-01-09  S  SESSION SINE DIE                                               

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 Full Text  Bill Summary