HB 6988

  • Illinois House Bill
  • 93rd Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Il Opportunity Fund Act

Abstract

Creates the Illinois Opportunity Fund Act. Contains provisions intended to increase the availability and facilitate the delivery of institutional venture capital to emerging and expanding enterprises in the State of Illinois. Defines the role of the Department of Commerce and Economic Opportunity. Creates the Illinois Opportunity Fund and provides for the creation of the Illinois Capital Investment Corporation. Amends the State Finance Act to create the Illinois Opportunity Special Projects Fund. Amends the Illinois State Auditing Act to authorize audits of the Corporation and the Fund. Contains other provisions. Effective immediately.

Bill Sponsors (1)

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Jan 11, 2005

House

Session Sine Die

Feb 20, 2004

House

Added Chief Co-Sponsor Rep. Marlow H. Colvin

Feb 09, 2004

House

Filed with the Clerk by Rep. Gary Hannig

House

First Reading

House

Referred to Rules Committee

Bill Text

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