92nd General Assembly
Status of SB0391
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 Full Text  Bill Summary

   New Act                                                                     

        Creates the Technology Development Act.  Creates  the  Technology      
   Development  Fund  as  a  special  fund  held  separately by the State      
   Treasurer and used by the  State  Treasurer  to  attract,  assist,  or      
   retain  quality  technology businesses in Illinois.  Permits the State      
   Treasurer to make a one-time transfer to the  Fund  from  the  General      
   Revenue  Fund  in  an  amount  not to exceed $50,000,000.  Permits the      
   State Treasurer to deposit up to $50,000,000 at reduced interest rates      
   in financial institutions that  use  the  moneys  for  development  of      
   technology initiatives in Illinois. Effective immediately.                  
   FEB-20-2001  S  FIRST READING                                                  
   FEB-20-2001  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   FEB-28-2001  S       ASSIGNED TO COMMITTEE               EXECUTIVE             
   MAR-08-2001  S                                 POSTPONED                       
   MAR-22-2001  S       TO SUBCOMMITTEE                                           
   MAR-22-2001  S                   COMMITTEE               EXECUTIVE             
   MAR-31-2001  S  RE-REFERRED TO RULES COMM/RULE 3-9(A)    RULES                 
   JAN-07-2003  S  SESSION SINE DIE                                               


 Full Text  Bill Summary