CENTRAL IL ECON DEV AUTH Senate SponsorsSen. Deanna Demuzio 1/9/2007SenateSession Sine Die New ActCreates the Central Illinois Economic Development Authority Act. Establishes the Central Illinois Economic Development Authority in Calhoun, Greene, Macoupin, Montgomery, Jersey, and Christian counties in order to promote economic development within those counties. Contains provisions concerning the powers and duties of the Authority. Allows the Authority to acquire, own, sell, lease, or otherwise dispose of interests in real property and to issue bonds, notes, or other evidences of indebtedness for certain purposes in an aggregate amount not to exceed $250,000,000. Provides that the Authority shall be governed by a 9-member board. Contains other provisions. Effective immediately.Senate Committee Amendment No. 1 Provides that 5 members of the governing body of the Central Illinois Economic Development Authority (instead of 11) shall constitute of quorum. Provides that the Department of Commerce and Economic Opportunity (now, the Department of Commerce and Community Affairs) shall pay the compensation of the Executive Director of the Authority from appropriations received for that purpose. 1/18/2006SenateFiled with Secretary by Sen. Deanna Demuzio 1/18/2006SenateFirst Reading 1/18/2006SenateReferred to Rules 1/19/2006SenateAssigned to Commerce & Economic Development 1/26/2006SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Deanna Demuzio 1/26/2006SenateSenate Committee Amendment No. 1 Referred to Rules 1/31/2006SenateSenate Committee Amendment No. 1 Rules Refers to Commerce & Economic Development 2/2/2006SenateSenate Committee Amendment No. 1 Held in Commerce & Economic Development 2/2/2006SenateHeld in Commerce & Economic Development 2/16/2006SenateSenate Committee Amendment No. 1 Adopted 2/16/2006SenateDo Pass as Amended Commerce & Economic Development; 006-004-000 2/16/2006SenatePlaced on Calendar Order of 2nd Reading February 22, 2006 3/1/2006SenateSecond Reading 3/1/2006SenatePlaced on Calendar Order of 3rd Reading March 2, 2006 3/2/2006SenateRule 2-10 Third Reading Deadline Extended to January 9, 2007 6/4/2006SenatePursuant to Senate Rule 3-9(b) / Referred to Rules 1/9/2007SenateSession Sine Die