Suzy Glowiak Hilton
- Democratic
- Senator
- District 23
Primary
Amends the Technology Development Act. Removes a provision specifying that the investment of the State Treasurer in any fund created by an Illinois venture capital firm in which the State Treasurer places money shall not exceed 10% of the total investments in the fund. Provides that distributions from a TDA II-Recipient Fund, in an amount not to exceed the commitment amount and total distributions received, may be reinvested into a specified account without being counted against the 5% cap. Provides that specified moneys in the Technology Development Fund may be provided as grants to technology businesses in order to foster, accelerate, and scale technology innovation in Illinois. Modifies the term "technology business" to expand the meaning of technology oriented or emerging activity. Makes conforming changes. Effective immediately.
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Added as Chief Co-Sponsor Sen. Mattie Hunter
Added as Co-Sponsor Sen. Adriane Johnson
Rule 2-10 Third Reading/Passage Deadline Established As May 31, 2020
Rule 2-10 Third Reading Deadline Established As May 29, 2020
Rule 2-10 Third Reading Deadline Established As May 22, 2020
Rule 2-10 Third Reading Deadline Established As May 15, 2020
Pursuant to Senate Rule 3-9(b) / Referred to Assignments
Rule 2-10 Third Reading Deadline Established As May 7, 2020
Added as Co-Sponsor Sen. Jennifer Bertino-Tarrant
Added as Co-Sponsor Sen. Laura M. Murphy
Added as Co-Sponsor Sen. Michael E. Hastings
Added as Co-Sponsor Sen. Antonio Muñoz
Added as Co-Sponsor Sen. Christopher Belt
Placed on Calendar Order of 2nd Reading February 25, 2020
Do Pass Commerce and Economic Development; 010-000-000
Added as Chief Co-Sponsor Sen. Iris Y. Martinez
Added as Co-Sponsor Sen. Napoleon Harris, III
Added as Chief Co-Sponsor Sen. Linda Holmes
Assigned to Commerce and Economic Development
Filed with Secretary by Sen. Suzy Glowiak Hilton
Referred to Assignments
First Reading
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