HB 4206

  • Illinois House Bill
  • 96th Regular Session
  • Introduced in House Mar 31, 2009
  • Passed House Mar 31, 2009
  • Senate
  • Governor

Dceo-Vets-Small Business Loan

Abstract

Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code of Illinois. Authorizes the Department of Commerce and Economic Opportunity to make participation loans to small businesses that are at least 51% owned and managed by one or more persons who are veterans for the purposes of promoting the creation of veteran-owned small businesses and promoting the creation of jobs within small businesses. Provides that a loan may not exceed $100,000 or 50% of the business project costs. Provides that a loan may be made only if, in the Department's judgment, the number of jobs to be created is reasonable in relation to the loan funds requested. Provides that a loan must be protected by security. Effective immediately.

Bill Sponsors (2)

Votes


Actions


Jan 11, 2011

House

Session Sine Die

Apr 29, 2009

Senate

Added as Alternate Co-Sponsor Sen. Linda Holmes

Mar 31, 2009

Senate

First Reading

Senate

Chief Senate Sponsor Sen. Tim Bivins

Senate

Placed on Calendar Order of First Reading

Senate

Arrive in Senate

House

Added Co-Sponsor Rep. Linda Chapa LaVia

House

Added Co-Sponsor Rep. Keith Farnham

House

Added Co-Sponsor Rep. Jack D. Franks

House

Third Reading - Short Debate - Passed 116-000-000

House

Added Co-Sponsor Rep. Robert W. Pritchard

Senate

Referred to Assignments

Mar 25, 2009

House

Second Reading - Short Debate

House

House Floor Amendment No. 1 Adopted by Voice Vote

House

Placed on Calendar Order of 3rd Reading - Short Debate

Mar 24, 2009

House

House Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 004-000-000

Mar 18, 2009

House

House Floor Amendment No. 1 Filed with Clerk by Rep. Jerry L. Mitchell

House

House Floor Amendment No. 1 Referred to Rules Committee

Mar 12, 2009

House

Placed on Calendar 2nd Reading - Short Debate

Mar 11, 2009

House

Do Pass / Short Debate State Government Administration Committee; 017-000-000

Mar 04, 2009

House

Assigned to State Government Administration Committee

Feb 27, 2009

House

Added Chief Co-Sponsor Rep. Timothy L. Schmitz

House

Added Chief Co-Sponsor Rep. Raymond Poe

House

Added Chief Co-Sponsor Rep. Dennis M. Reboletti

House

Added Co-Sponsor Rep. Randy Ramey, Jr.

House

Referred to Rules Committee

House

First Reading

House

Filed with the Clerk by Rep. Jerry L. Mitchell

House

Added Co-Sponsor Rep. Mike Bost

House

Added Chief Co-Sponsor Rep. Rich Brauer

Bill Text

Bill Text Versions Format
Introduced HTML
Engrossed HTML

Related Documents

Document Format
House Amendment 001

Sources

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