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<xml>
<title>Illinois General Assembly - Bill Status for HB 5947   </title>
<shortdesc>IL OPPORTUNITY FUND</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Bob Biggins-Mark H. Beaubien, Jr.-Michael Tryon</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2009</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>New Act</reference><aliasreference></aliasreference><reference>30 ILCS 105/5.708 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>2/15/2008</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Bob Biggins</action>
<statusdate>2/15/2008</statusdate><chamber>House</chamber><action>Chief Co-Sponsor Rep. Mark H. Beaubien, Jr.</action>
<statusdate>2/15/2008</statusdate><chamber>House</chamber><action>Chief Co-Sponsor Rep. Michael Tryon</action>
<statusdate>2/15/2008</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/15/2008</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>1/13/2009</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

