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<xml>
<title>Illinois General Assembly - Bill Status for SB 265    </title>
<shortdesc>FINANCE-TECHNOLOGY ACCOUNT</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Donne E. Trotter-Dan Kotowski-Emil Jones, III-Don Harmon-Heather Steans and A. J. Wilhelmi</sponsors>
<sponsorhead2>House Sponsors</sponsorhead2><altsponsors>(Rep. Frank J. Mautino-David E. Miller-John A. Fritchey-Maria Antonia Berrios-Arthur L. Turner, Naomi D. Jakobsson, Renée Kosel, Kathleen A. Ryg, Luis Arroyo, Edward J. Acevedo, Linda Chapa LaVia, Elizabeth Hernandez, Lou Lang, William B. Black, Jehan A. Gordon and Daniel J. Burke)</altsponsors>
</sponsor>
<lastaction>
<statusdate>8/7/2009</statusdate><chamber>Senate</chamber><action>Public Act . . . . . . . . . 96-0150</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>30 ILCS 265/11 new</reference><aliasreference></aliasreference><SynopsisText>Amends the Technology Development Act. Authorizes the State Treasurer to segregate up to 2% of the Treasurer's investment portfolio in the Technology Development Account IIa. Authorizes investments from the account to provide venture capital to help attract, assist, and retain quality technology businesses in Illinois. Contains provisions concerning soliciting proposals from entities to manage and be the General Partner of Technology Development Account IIb, consisting of investments from the private sector that must invest, at the direction of the Treasurer, in tandem with TDA IIa. Sets restrictions and conditions. Effective immediately.</SynopsisText><synopsistitle>House Committee Amendment No. 1</synopsistitle>
<reftype>Deletes reference to:</reftype><reference>30 ILCS 265/11 new</reference><aliasreference></aliasreference><reftype>Adds reference to:</reftype><reference>30 ILCS 265/1</reference><aliasreference></aliasreference><SynopsisText>Replaces everything after the enacting clause. Amends the Technology Development Act. Makes a technical change in a Section concerning the short title of the Act.</SynopsisText><synopsistitle>House Floor Amendment No. 2</synopsistitle>
<reftype>Deletes reference to:</reftype><reference>30 ILCS 265/1 new</reference><aliasreference></aliasreference><reftype>Adds reference to:</reftype><reference>30 ILCS 105/8.49</reference><aliasreference></aliasreference><SynopsisText>Deletes everything after the enacting clause. If and only if Senate Bill 1433 of the 96th General Assembly becomes law, amends the State Finance Act concerning special fund transfers to GRF. Deletes provisions concerning re-transfer of amounts to GRF. Allows the Director of the Governor's Office of Management and Budget to order that amounts be transferred back to a special fund from GRF if federal funding would be jeopardized based on a written communication from a federal official or if the transfer from the special fund violates a court order. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/4/2009</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Jeffrey M. Schoenberg</action>
<statusdate>2/4/2009</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/4/2009</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>2/10/2009</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Dan Kotowski</action>
<statusdate>2/10/2009</statusdate><chamber>Senate</chamber><action>Assigned to Commerce</action>
<statusdate>2/27/2009</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Emil Jones, III</action>
<statusdate>2/27/2009</statusdate><chamber>Senate</chamber><action>Do Pass Commerce;  009-000-000</action>
<statusdate>2/27/2009</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading March 4, 2009</action>
<statusdate>3/10/2009</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Don Harmon</action>
<statusdate>3/19/2009</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>3/19/2009</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading March 24, 2009</action>
<statusdate>4/1/2009</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading ** April 2, 2009</action>
<statusdate>4/2/2009</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Michael Bond</action>
<statusdate>4/2/2009</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Heather Steans</action>
<statusdate>4/2/2009</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. A. J. Wilhelmi</action>
<statusdate>4/2/2009</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 059-000-000</action>
<statusdate>4/3/2009</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>4/3/2009</statusdate><chamber>House</chamber><action>Placed on Calendar Order of First Reading</action>
<statusdate>4/3/2009</statusdate><chamber>House</chamber><action>Chief House Sponsor Rep. David E. Miller</action>
<statusdate>4/6/2009</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>4/6/2009</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>4/20/2009</statusdate><chamber>House</chamber><action>Assigned to Executive Committee</action>
<statusdate>4/22/2009</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Tom Cross</action>
<statusdate>4/22/2009</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. John A. Fritchey</action>
<statusdate>4/22/2009</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Maria Antonia Berrios</action>
<statusdate>4/22/2009</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Arthur L. Turner</action>
<statusdate>4/22/2009</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Naomi D. Jakobsson</action>
<statusdate>4/22/2009</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Renée Kosel</action>
<statusdate>4/22/2009</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Kathleen A. Ryg</action>
<statusdate>4/22/2009</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Careen M. Gordon</action>
<statusdate>4/22/2009</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Luis Arroyo</action>
<statusdate>4/22/2009</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Edward J. Acevedo</action>
<statusdate>4/22/2009</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Linda Chapa LaVia</action>
<statusdate>4/22/2009</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Elizabeth Hernandez</action>
<statusdate>4/22/2009</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Bob Biggins</action>
<statusdate>4/22/2009</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Raymond Poe</action>
<statusdate>4/22/2009</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Lou Lang</action>
<statusdate>4/22/2009</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. William B. Black</action>
<statusdate>4/30/2009</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Jehan A. Gordon</action>
<statusdate>5/7/2009</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Daniel J. Burke</action>
<statusdate>5/8/2009</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>5/26/2009</statusdate><chamber>House</chamber><action>Final Action Deadline Extended-9(b) May 31, 2009</action>
<statusdate>5/26/2009</statusdate><chamber>House</chamber><action>Assigned to Executive Committee</action>
<statusdate>5/26/2009</statusdate><chamber>House</chamber><action>Motion Filed to Suspend Rule 25 Executive Committee;  Rep. Barbara Flynn Currie</action>
<statusdate>5/26/2009</statusdate><chamber>House</chamber><action>Motion to Suspend Rule 25 - Prevailed by Voice Vote</action>
<statusdate>5/27/2009</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Filed with Clerk by Executive Committee</action>
<statusdate>5/27/2009</statusdate><chamber>House</chamber><action>House Committee Amendment No. 1 Adopted in Executive Committee;  by Voice Vote</action>
<statusdate>5/27/2009</statusdate><chamber>House</chamber><action>Do Pass as Amended / Short Debate Executive Committee;  007-004-000</action>
<statusdate>5/27/2009</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>5/27/2009</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>5/27/2009</statusdate><chamber>House</chamber><action>Held on Calendar Order of Second Reading - Short Debate</action>
<statusdate>5/30/2009</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Kirk W. Dillard</action>
<statusdate>5/31/2009</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>6/23/2009</statusdate><chamber>House</chamber><action>Legislation Considered in Special Session No. 1</action>
<statusdate>6/23/2009</statusdate><chamber>House</chamber><action>Final Action Deadline Extended-9(b) June 30, 2009</action>
<statusdate>6/23/2009</statusdate><chamber>House</chamber><action>Approved for Consideration Rules Committee;  004-000-000</action>
<statusdate>6/23/2009</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Short Debate</action>
<statusdate>6/24/2009</statusdate><chamber>House</chamber><action>House Floor Amendment No. 2 Filed with Clerk by Rep. Frank J. Mautino</action>
<statusdate>6/24/2009</statusdate><chamber>House</chamber><action>House Floor Amendment No. 2 Referred to Rules Committee</action>
<statusdate>6/24/2009</statusdate><chamber>House</chamber><action>House Floor Amendment No. 2 Rules Refers to Executive Committee</action>
<statusdate>6/24/2009</statusdate><chamber>House</chamber><action>Alternate Chief Co-Sponsor Removed Rep. Tom Cross</action>
<statusdate>6/24/2009</statusdate><chamber>House</chamber><action>House Floor Amendment No. 3 Filed with Clerk by Rep. Donald L. Moffitt</action>
<statusdate>6/24/2009</statusdate><chamber>House</chamber><action>House Floor Amendment No. 3 Referred to Rules Committee</action>
<statusdate>6/24/2009</statusdate><chamber>Senate</chamber><action>Sponsor Removed Sen. Kirk W. Dillard</action>
<statusdate>6/24/2009</statusdate><chamber>House</chamber><action>House Floor Amendment No. 2 Recommends Be Adopted Executive Committee;  010-000-000</action>
<statusdate>6/24/2009</statusdate><chamber>House</chamber><action>Alternate Co-Sponsor Removed Rep. Careen M. Gordon</action>
<statusdate>6/24/2009</statusdate><chamber>House</chamber><action>House Floor Amendment No. 2 Adopted by Voice Vote</action>
<statusdate>6/24/2009</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Short Debate</action>
<statusdate>6/24/2009</statusdate><chamber>House</chamber><action>3/5 Vote Required</action>
<statusdate>6/24/2009</statusdate><chamber>House</chamber><action>Third Reading - Short Debate - Passed 093-018-000</action>
<statusdate>6/24/2009</statusdate><chamber>House</chamber><action>House Floor Amendment No. 3 Tabled Pursuant to Rule 40(a)</action>
<statusdate>6/24/2009</statusdate><chamber>House</chamber><action>Alternate Chief Sponsor Changed to Rep. Frank J. Mautino</action>
<statusdate>6/24/2009</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. David E. Miller</action>
<statusdate>6/25/2009</statusdate><chamber>House</chamber><action>Alternate Co-Sponsor Removed Rep. Bob Biggins</action>
<statusdate>6/25/2009</statusdate><chamber>House</chamber><action>Alternate Co-Sponsor Removed Rep. Raymond Poe</action>
<statusdate>6/30/2009</statusdate><chamber>Senate</chamber><action>Legislation Considered in Special Session No. 1</action>
<statusdate>6/30/2009</statusdate><chamber>Senate</chamber><action>Secretary's Desk - Concurrence House Amendment(s) 1, 2</action>
<statusdate>6/30/2009</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of Concurrence House Amendment(s) 1, 2 -  June 30, 2009</action>
<statusdate>6/30/2009</statusdate><chamber>Senate</chamber><action>Chief Sponsor Changed to Sen. Donne E. Trotter</action>
<statusdate>6/30/2009</statusdate><chamber>Senate</chamber><action>House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. Donne E. Trotter</action>
<statusdate>6/30/2009</statusdate><chamber>Senate</chamber><action>House Committee Amendment No. 1 Motion to Concur Referred to Assignments</action>
<statusdate>6/30/2009</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. Donne E. Trotter</action>
<statusdate>6/30/2009</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 2 Motion to Concur Referred to Assignments</action>
<statusdate>6/30/2009</statusdate><chamber>Senate</chamber><action>House Committee Amendment No. 1 Motion to Concur Assignments Referred to Executive</action>
<statusdate>6/30/2009</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 2 Motion to Concur Assignments Referred to Executive</action>
<statusdate>6/30/2009</statusdate><chamber>Senate</chamber><action>House Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Executive;  010-002-000</action>
<statusdate>6/30/2009</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 2 Motion To Concur Recommended Do Adopt Executive;  010-002-000</action>
<statusdate>6/30/2009</statusdate><chamber>Senate</chamber><action>Sponsor Removed Sen. Michael Bond</action>
<statusdate>6/30/2009</statusdate><chamber>Senate</chamber><action>3/5 Vote Required</action>
<statusdate>6/30/2009</statusdate><chamber>Senate</chamber><action>House Committee Amendment No. 1 Senate Concurs 055-003-000</action>
<statusdate>6/30/2009</statusdate><chamber>Senate</chamber><action>House Floor Amendment No. 2 Senate Concurs 055-003-000</action>
<statusdate>6/30/2009</statusdate><chamber>Senate</chamber><action>Passed Both Houses</action>
<statusdate>7/29/2009</statusdate><chamber>Senate</chamber><action>Sent to the Governor</action>
<statusdate>8/7/2009</statusdate><chamber>Senate</chamber><action>Governor Approved</action>
<statusdate>8/7/2009</statusdate><chamber>Senate</chamber><action>Effective Date August 7, 2009</action>
<statusdate>8/7/2009</statusdate><chamber>Senate</chamber><action>Public Act . . . . . . . . . 96-0150</action>
</actions>
</xml>

