Steve Stadelman
- Democratic
- Senator
- District 34
Primary
Creates the Infrastructure Development Act. Provides that the State Treasurer shall segregate a portion of the Treasurer's State investment portfolio in the Infrastructure Development Account, an account that shall be maintained separately and apart from other moneys invested by the State Treasurer. Allows the State Treasurer to make investments concerning the Infrastructure Development Account. Provides for Infrastructure Development Account-Recipient Funds created by Illinois infrastructure development firms in which the State Treasurer places money. Provides further requirements concerning Infrastructure Development Account-Recipient Funds. Provides for the adoption rules. Provides that the Infrastructure Development Fund is created as a special fund in the State treasury, which may receive a portion of earnings from the Infrastructure Development Account and may be used by the State Treasurer to pay expenses related to the Act. Defines terms. Amends the State Finance Act to provide for the Infrastructure Development Fund. Effective immediately. Senate Committee Amendment No. 1 Provides that the Infrastructure Development Fund is created as a non-appropriated trust fund (rather than a special fund) within the State Treasury.
Public Act . . . . . . . . . 102-0141
Effective Date July 23, 2021
Governor Approved
Sent to the Governor
Third Reading - Consent Calendar - Passed 116-000-000
Passed Both Houses
Third Reading - Consent Calendar - First Day
Placed on Calendar Order of 3rd Reading - Consent Calendar
Held on Calendar Order of Second Reading - Consent Calendar
Second Reading - Consent Calendar
Do Pass / Consent Calendar Revenue & Finance Committee; 018-000-000
Placed on Calendar 2nd Reading - Consent Calendar
Assigned to Revenue & Finance Committee
Referred to Rules Committee
First Reading
Arrived in House
Chief House Sponsor Rep. Maurice A. West, II
Alternate Chief Sponsor Changed to Rep. Michael Halpin
Third Reading - Passed; 056-000-000
Added as Co-Sponsor Sen. Meg Loughran Cappel
Second Reading
Placed on Calendar Order of 3rd Reading ** April 14, 2021
Senate Committee Amendment No. 1 Adopted
Placed on Calendar Order of 2nd Reading March 25, 2021
Do Pass as Amended State Government; 009-000-000
Added as Co-Sponsor Sen. Doris Turner
Senate Committee Amendment No. 1 Postponed - State Government
Postponed - State Government
Senate Committee Amendment No. 1 Assignments Refers to State Government
Senate Committee Amendment No. 1 Filed with Secretary by Sen. Steve Stadelman
Senate Committee Amendment No. 1 Referred to Assignments
Assigned to State Government
Filed with Secretary by Sen. Steve Stadelman
First Reading
Referred to Assignments
| Bill Text Versions | Format |
|---|---|
| Introduced | HTML PDF |
| Engrossed | HTML PDF |
| Enrolled | HTML PDF |
| Senate Amendment 001 | HTML PDF |
| Document | Format |
|---|---|
| Public Act |
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