IL HB3267 | 2013-2014 | 98th General Assembly

Status

Completed Legislative Action
Sponsorship: Partisan Bill (Democrat 27)
Status: Passed on July 30 2013 - 100% progression
Action: 2013-07-30 - Public Act . . . . . . . . . 98-0117
Text: Latest bill text (Chaptered) [HTML]

Summary

Amends the Department of Transportation Law of the Civil Administrative Code of Illinois. Provides that the Department of Transportation may make low-interest loans from the Working Capital Revolving Loan Fund to disadvantaged business enterprises. Establishes a loan selection committee to review applications and select eligible businesses. Provides that the Department may set eligibility requirements for loans by administrative rule. Provides limitations on the use of loan funds. Provides that loans may be made with interest. Limits the number of loans a business may receive. Provides that the Department shall give annual reports to the Governor and the General Assembly on the program. Provides that the Department's authority to issue loans expires on June 1, 2018. Amends the State Finance Act. Establishes the Working Capital Revolving Loan Fund. Provides for transfers not to exceed $3,000,000 a year, for a period of 5 years, from the Road Fund to the Working Capital Revolving Loan Fund as requested by the Secretary of Transportation. Provides that no transfer will occur if the available balance in the Working Capital Revolving Loan Fund is equal to or greater than $6,000,000. Effective July 1, 2013.

Tracking Information

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Title

DOT - BUSINESS LOAN PROGRAM

Sponsors


Roll Calls

2013-05-15 - Senate - Third Reading in Senate (Y: 46 N: 8 NV: 5 Abs: 0) [PASS]
2013-04-11 - House - Third Reading in House (Y: 74 N: 34 NV: 4 Abs: 0) [PASS]

History

DateChamberAction
2013-07-30HousePublic Act . . . . . . . . . 98-0117
2013-07-30HouseEffective Date July 30, 2013
2013-07-30HouseGovernor Approved
2013-06-05HouseSent to the Governor
2013-05-15HousePassed Both Houses
2013-05-15SenateThird Reading - Passed; 046-008-000
2013-05-08SenatePlaced on Calendar Order of 3rd Reading May 9, 2013
2013-05-08SenateSecond Reading
2013-05-07SenateAdded as Alternate Co-Sponsor Sen. Donne E. Trotter
2013-05-02SenateAdded as Alternate Co-Sponsor Sen. Kwame Raoul
2013-05-02SenatePlaced on Calendar Order of 2nd Reading May 6, 2013
2013-05-02SenateDo Pass Executive; 013-000-000
2013-04-25SenateAdded as Alternate Co-Sponsor Sen. Napoleon Harris, III
2013-04-24SenateAssigned to Executive
2013-04-16SenateAdded as Alternate Co-Sponsor Sen. Kimberly A. Lightford
2013-04-12SenateReferred to Assignments
2013-04-12SenateFirst Reading
2013-04-11SenateAdded as Alternate Co-Sponsor Sen. David Koehler
2013-04-11SenateAdded as Alternate Chief Co-Sponsor Sen. Don Harmon
2013-04-11SenateAdded as Alternate Chief Co-Sponsor Sen. Andy Manar
2013-04-11SenateAdded as Alternate Chief Co-Sponsor Sen. James F. Clayborne, Jr.
2013-04-11SenateAdded as Alternate Chief Co-Sponsor Sen. Jacqueline Y. Collins
2013-04-11SenateChief Senate Sponsor Sen. Mattie Hunter
2013-04-11SenatePlaced on Calendar Order of First Reading April 12, 2013
2013-04-11SenateArrive in Senate
2013-04-11HouseAdded Co-Sponsor Rep. Christian L. Mitchell
2013-04-11HouseAdded Co-Sponsor Rep. John D'Amico
2013-04-11HouseAdded Co-Sponsor Rep. Keith Farnham
2013-04-11HouseAdded Co-Sponsor Rep. Luis Arroyo
2013-04-11HouseAdded Co-Sponsor Rep. Kelly M. Cassidy
2013-04-11HouseAdded Co-Sponsor Rep. Elgie R. Sims, Jr.
2013-04-11HouseAdded Co-Sponsor Rep. Eddie Lee Jackson, Sr.
2013-04-11HouseAdded Co-Sponsor Rep. Anthony DeLuca
2013-04-11HouseThird Reading - Short Debate - Passed 074-034-002
2013-04-11HouseAdded Co-Sponsor Rep. Rita Mayfield
2013-04-10HouseAdded Co-Sponsor Rep. Derrick Smith
2013-04-10HousePlaced on Calendar Order of 3rd Reading - Short Debate
2013-04-10HouseHouse Floor Amendment No. 3 Adopted
2013-04-10HouseSecond Reading - Short Debate
2013-04-09HouseAdded Co-Sponsor Rep. Kenneth Dunkin
2013-04-09HouseHouse Floor Amendment No. 3 Recommends Be Adopted Transportation: Regulation, Roads & Bridges Committee; 013-003-000
2013-03-28HouseHouse Floor Amendment No. 3 Rules Refers to Transportation: Regulation, Roads & Bridges Committee
2013-03-22HouseHouse Floor Amendment No. 3 Referred to Rules Committee
2013-03-22HouseHouse Floor Amendment No. 3 Filed with Clerk by Rep. William Davis
2013-03-22HouseChief Co-Sponsor Changed to Rep. Camille Y. Lilly
2013-03-22HouseAdded Chief Co-Sponsor Rep. Camille Y. Lilly
2013-03-20HousePlaced on Calendar 2nd Reading - Short Debate
2013-03-19HouseHouse Committee Amendment No. 2 Tabled Pursuant to Rule 40
2013-03-19HouseHouse Committee Amendment No. 1 Tabled Pursuant to Rule 40
2013-03-19HouseDo Pass / Short Debate Transportation: Regulation, Roads & Bridges Committee; 016-002-000
2013-03-19HouseAdded Co-Sponsor Rep. Lawrence M. Walsh, Jr.
2013-03-19HouseHouse Committee Amendment No. 2 Referred to Rules Committee
2013-03-19HouseHouse Committee Amendment No. 2 Filed with Clerk by Rep. William Davis
2013-03-19HouseHouse Committee Amendment No. 1 Referred to Rules Committee
2013-03-19HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. William Davis
2013-03-12HouseAdded Chief Co-Sponsor Rep. Al Riley
2013-03-11HouseAssigned to Transportation: Regulation, Roads & Bridges Committee
2013-03-06HouseAdded Chief Co-Sponsor Rep. Emanuel Chris Welch
2013-02-26HouseReferred to Rules Committee
2013-02-26HouseFirst Reading
2013-02-26HouseAdded Chief Co-Sponsor Rep. La Shawn K. Ford
2013-02-26HouseFiled with the Clerk by Rep. William Davis

Code Citations

ChapterArticleSectionCitation TypeStatute Text
2027052705-610New CodeSee Bill Text
301055.826New CodeSee Bill Text
301058rNew CodeSee Bill Text

Illinois State Sources


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