HB 5381

  • Illinois House Bill
  • 101st Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Finance Auth-Loan Prog Study

Abstract

Amends the Illinois Finance Authority Act. Provides that the Illinois Finance Authority shall study the feasibility of the implementation of a program that would provide loans to small business owners for first time real property purchases. Provides for the issues to be examined in the study. Provides that the Authority shall produce a report of findings based upon the issues examined, and shall submit that report to the Governor and the General Assembly on or before January 1, 2022. Provides that the report shall also include recommendations as to the feasibility of the loan program. Repeals provisions on January 1, 2023.

Bill Sponsors (5)

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Feb 18, 2020

House

First Reading

House

Referred to Rules Committee

Feb 14, 2020

House

Chief Co-Sponsor Rep. Terri Bryant

House

Filed with the Clerk by Rep. Amy Grant

House

Chief Co-Sponsor Rep. Darren Bailey

House

Chief Co-Sponsor Rep. Dan Ugaste

House

Chief Co-Sponsor Rep. Grant Wehrli

Bill Text

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