Bill Title: 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.

Spectrum: Strong Partisan Bill (Democrat 12-1)

Status: (Passed) 2010-06-23 - Public Act . . . . . . . . . 96-0937 [SB3655 Detail]

Text: Latest bill text (Enrolled) [HTML]

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Voting Records

Chamber	Vote	Date	Yea	Nay	NV	Abs	Total	Result	Source	View
Senate	Concurrence in Senate	2010-05-06	58	0	1	0	59	Passed	Link	View
House	Third Reading in House	2010-05-06	116	0	2	0	118	Passed	Link	View
Senate	Third Reading in Senate	2010-03-15	45	0	14	0	59	Passed	Link	View

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