EDGE-DCEO-VARIOUS
Summary
Amends the Economic Development for a Growing Economy Tax Credit Act. Repeals provisions concerning the Illinois Business Investment Committee. Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code. Creates the Illinois Small Business Fund as a nonappropriated separate and apart trust fund in the State Treasury. Provides that the Department of Commerce and Economic Opportunity shall use moneys in the Fund to manage proceeds that result from investments that the Department has undertaken through economic development programs. Amends the State Finance Act to make a conforming change. Repeals the Illinois Small Business Incubator Article within the Build Illinois Act.
Bill status
signed
all 5 stages cleared
Introduction
Apr 2021
Committee Review
May 2021
Senate Passage
May 2021
House Passage
May 2021
Signed into Law
Aug 2021
Introduced Apr 26, 2021
Signed Aug 6, 2021
Floor votes · Senate Apr 23, 2021 · House May 27, 2021
How they voted
45–0
Passed · 1 other
Total votes 46
Apr 23, 2021
D
Democratic29
100% Yea
R
Republican17
94% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
31
Key actions
7
Committee
7
Aug 6, 2021
Signed into law
Governor Approved
upper
May 27, 2021
Upper · Passed
Passed Both Houses
upper
May 27, 2021
Lower · Passed
Third Reading - Consent Calendar - Passed 116-000-000
lower
May 13, 2021
Lower · Passed
Do Pass / Consent Calendar Revenue & Finance Committee; 018-000-000
lower
May 4, 2021
Committee
Assigned to Revenue & Finance Committee
lower
Apr 27, 2021
Committee
Referred to Rules Committee
lower
Apr 26, 2021
Introduced
Arrived in House
lower
Apr 23, 2021
Upper · Passed
Third Reading - Passed; 058-000-000
upper
Apr 21, 2021
Upper · Passed
Do Pass Revenue; 010-000-000
upper
Apr 16, 2021
Upper · Passed
Rule 2-10 Committee Deadline Established As April 23, 2021
upper
Mar 9, 2021
Committee
Assigned to Revenue
upper
Feb 26, 2021
Committee
Referred to Assignments
upper
2 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
P
Margaret Croke
DDemocratic
P
Scott M. Bennett
DDemocratic
Co
Laura Murphy
DDemocratic
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