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<xml>
<title>Illinois General Assembly - Bill Status for SB 2849   </title>
<shortdesc>FINANCE-TECHNOLOGY ACCOUNT</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Jeffrey M. Schoenberg-Kirk W. Dillard</sponsors>
</sponsor>
<lastaction>
<statusdate>1/9/2007</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>30 ILCS 265/10</reference><aliasreference></aliasreference><SynopsisText>Amends the Technology Development Act. Provides that no greater than 3% (now, 1%) of the Treasurer's investment portfolio at the time of investment (now, at any time) may be segregated in the Technology Investment Account. Provides that the Treasurer's investment in a fund created by an Illinois venture capital firm may not exceed 15% (now, 10%) of total investments in the venture capital fund. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>1/20/2006</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Jeffrey M. Schoenberg</action>
<statusdate>1/20/2006</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>1/20/2006</statusdate><chamber>Senate</chamber><action>Referred to Rules</action>
<statusdate>2/1/2006</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Kirk W. Dillard</action>
<statusdate>1/9/2007</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

