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<xml>
<title>Illinois General Assembly - Bill Status for HB 3698   </title>
<shortdesc>OPPORTUNITY FUND ACT</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. James H. Meyer</sponsors>
</sponsor>
<lastaction>
<statusdate>1/9/2007</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>New Act</reference><aliasreference></aliasreference><reference>30 ILCS 105/5.640 new</reference><aliasreference></aliasreference><SynopsisText>     Creates the Illinois Opportunity Fund Act. Contains provisions intended to increase the availability and facilitate the delivery of institutional venture capital to emerging and expanding enterprises in the State of Illinois. Defines the role of the Department of Commerce and Economic Opportunity. Creates the Illinois Opportunity Fund and provides for the creation of the Illinois Capital Investment Corporation. Amends the State Finance Act to create the Illinois Opportunity Special Projects Fund. Contains other provisions. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/24/2005</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. James H. Meyer</action>
<statusdate>2/25/2005</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/25/2005</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/1/2005</statusdate><chamber>House</chamber><action>Assigned to Executive Committee</action>
<statusdate>3/10/2005</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/9/2007</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

