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<xml>
<title>Illinois General Assembly - Bill Status for HB 1381   </title>
<shortdesc>FINANCE-TECHNOLOGY ACCOUNT</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Chris Nybo-Daniel Biss-Tom Cross-Dwight Kay</sponsors>
</sponsor>
<lastaction>
<statusdate>1/8/2013</statusdate><chamber>House</chamber><action>Session Sine Die</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 the Treasurer to make 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, a separate fund 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></synopsis>
<actions>
<statusdate>2/9/2011</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Chris Nybo</action>
<statusdate>2/14/2011</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/14/2011</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/15/2011</statusdate><chamber>House</chamber><action>Assigned to Executive Committee</action>
<statusdate>2/16/2011</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Daniel Biss</action>
<statusdate>2/16/2011</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Tom Cross</action>
<statusdate>2/16/2011</statusdate><chamber>House</chamber><action>Remove Chief Co-Sponsor Rep. Daniel Biss</action>
<statusdate>2/16/2011</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Daniel Biss</action>
<statusdate>2/18/2011</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Daniel Biss</action>
<statusdate>2/18/2011</statusdate><chamber>House</chamber><action>Removed Co-Sponsor Rep. Daniel Biss</action>
<statusdate>3/17/2011</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>3/23/2011</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Dwight Kay</action>
<statusdate>1/8/2013</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

