Illinois House Bill 1381 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Slight Partisan Bill (Republican 3-1)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

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 the Treasurer to make 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, a separate fund 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.

FINANCE-TECHNOLOGY ACCOUNT

Sen. Chris Nybo [R]

Sen. Daniel Biss [D]

Rep. Tom Cross [R]

Rep. Dwight Kay [R]

Date	Chamber	Action
2013-01-08	House	Session Sine Die
2011-03-23	House	Added Chief Co-Sponsor Rep. Dwight Kay
2011-03-17	House	Rule 19(a) / Re-referred to Rules Committee
2011-02-18	House	Removed Co-Sponsor Rep. Daniel Biss
2011-02-18	House	Added Chief Co-Sponsor Rep. Daniel Biss
2011-02-16	House	Added Co-Sponsor Rep. Daniel Biss
2011-02-16	House	Remove Chief Co-Sponsor Rep. Daniel Biss
2011-02-16	House	Added Chief Co-Sponsor Rep. Tom Cross
2011-02-16	House	Added Chief Co-Sponsor Rep. Daniel Biss
2011-02-15	House	Assigned to Executive Committee
2011-02-14	House	Referred to Rules Committee
2011-02-14	House	First Reading
2011-02-09	House	Filed with the Clerk by Rep. Chris Nybo

Chapter	Article	Section	Citation Type	Statute Text
30	265	11	New Code	See Bill Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1381&GAID=11&DocTypeID=HB&SessionID=84&GA=97
Text	https://www.ilga.gov/legislation/97/HB/09700HB1381.htm