FINANCE AUTH-BROADBAND PROGRAM House SponsorsRep. Carolyn H. Krause and Kurt M. Granberg 1/9/2007HouseSession Sine Die 20 ILCS 3501/825-85 new30 ILCS 105/5.663 new Requires the Illinois Finance Authority to establish and maintain a program to offer low-interest loans to businesses seeking greater broadband Internet access. Provides that these loans may be used to purchase any broadband infrastructure that is required to provide high-speed Internet access. Provides that the moneys for loans shall be maintained in and paid out of the Broadband Internet Access Revolving Loan Fund, a special fund established in the State treasury. Provides that no business may receive an aggregate amount of more than $250,000 in loans and that all loans must be repaid within 5 years. Requires the Authority to adopt necessary rules. Authorizes the Authority to require a lien or other security as a condition for making a loan under the program. Amends the State Finance Act to create the Broadband Internet Access Revolving Loan Fund. Effective immediately. 1/4/2006HouseFiled with the Clerk by Rep. Carolyn H. Krause 1/4/2006HouseFirst Reading 1/4/2006HouseReferred to Rules Committee 2/22/2006HouseAdded Co-Sponsor Rep. Kurt M. Granberg 1/9/2007HouseSession Sine Die