HB 4819

  • Illinois House Bill
  • 96th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Finance-Technology Account

Abstract

Amends the Technology Development Act. Authorizes the State Treasurer to segregate up to 2% of the Treasurer's investment portfolio in the Technology Development Account IIa. Authorizes investments from the account to provide venture capital to help attract, assist, and retain quality technology businesses in Illinois. Contains provisions concerning soliciting proposals from entities to manage and be the General Partner of Technology Development Account IIb, consisting of investments from the private sector that must invest, at the direction of the Treasurer, in tandem with TDA IIa. Sets restrictions and conditions on the use of these accounts. Effective immediately.

Bill Sponsors (1)

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Jan 11, 2011

House

Session Sine Die

Feb 25, 2010

House

Added Co-Sponsor Rep. Al Riley

Feb 18, 2010

House

Added Co-Sponsor Rep. William Davis

Feb 17, 2010

House

Added Chief Co-Sponsor Rep. Arthur L. Turner

House

Added Chief Co-Sponsor Rep. Maria Antonia Berrios

House

Added Co-Sponsor Rep. Robert Rita

House

Added Co-Sponsor Rep. André M. Thapedi

House

Added Co-Sponsor Rep. John A. Fritchey

House

Added Co-Sponsor Rep. Susana A. Mendoza

House

Added Co-Sponsor Rep. Anthony DeLuca

House

Added Chief Co-Sponsor Rep. Tom Cross

House

Added Chief Co-Sponsor Rep. Lou Lang

Jan 12, 2010

House

Filed with the Clerk by Rep. David E. Miller

House

Referred to Rules Committee

House

First Reading

Bill Text

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