IL HB4943 | 2009-2010 | 96th General Assembly

Status

Sponsorship: Partisan Bill (Republican 13)
Status: Introduced on January 14 2010 - 25% progression, died in chamber
Action: 2010-05-25 - Motion to Sustain the Chair - Prevailed 068-048-000
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the State Finance Act. Creates the Small Business Development Grant Fund. Provides that moneys in the Fund shall be used, subject to appropriation, by the Department of Commerce and Economic Opportunity to make grants (i) to small businesses in the State that commit to using the grant moneys to create additional jobs, (ii) to small businesses from outside of the State that commit to relocate within the State, and (iii) for individual projects that create 100 or fewer additional jobs. Provides that the Department must give priority to (i) minority owned businesses, (ii) female owned businesses, (iii) businesses owned by a person with a disability, (iv) businesses that pledge not to use the grant moneys as additional compensation for an executive, and (v) businesses that have as their primary purpose the provision of energy derived from renewable energy technology. Effective immediately.

Tracking Information

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Title

FINANCE-SMALL BUSINESS FUND

Sponsors


History

DateChamberAction
2010-05-25 Motion to Sustain the Chair - Prevailed 068-048-000
2010-05-25 Shall the Chair be Sustained
2010-05-25 Appeal Ruling of Chair Rep. William B. Black
2010-05-25 Motion Discharge Committee Lost
2010-05-25 Chair Rules Motion Lost
2010-05-25 Objects to Motion Rep. Barbara Flynn Currie
2010-05-25 Motion Filed to Discharge Rules Committee Rep. William B. Black
2010-02-10 Added Co-Sponsor Rep. Michael P. McAuliffe
2010-02-10 Added Co-Sponsor Rep. Mike Fortner
2010-02-10 Added Co-Sponsor Rep. Bob Biggins
2010-02-10 Added Co-Sponsor Rep. RenĂ©e Kosel
2010-02-10 Added Co-Sponsor Rep. Mark H. Beaubien, Jr.
2010-02-10 Added Co-Sponsor Rep. Sidney H. Mathias
2010-02-10 Added Co-Sponsor Rep. JoAnn D. Osmond
2010-02-10 Added Co-Sponsor Rep. Sandy Cole
2010-02-10 Added Co-Sponsor Rep. Roger L. Eddy
2010-02-10 Added Co-Sponsor Rep. Patricia R. Bellock
2010-02-10 Added Co-Sponsor Rep. Sandra M. Pihos
2010-02-10 Added Co-Sponsor Rep. Rich Brauer
2010-01-15 Referred to Rules Committee
2010-01-15 First Reading
2010-01-14 Filed with the Clerk by Rep. Suzanne Bassi

Illinois State Sources


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