SB 2481 Illinois Senate · 104th Regular Session

FINANCE-CAPITAL DEV LOAN FUND

SB 2481 amends the State Finance Act to preserve the Capital Development Board Revolving Fund by removing prior provisions that would have repealed it. This procedural bill directly affects state finance operations by maintaining the existing fund structure for capital development loans. The key mechanism is simply reversing a previous repeal, ensuring the fund remains active without creating new policies or altering funding levels. It does not change who receives loans or how funds are administered. (1 sentence)
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 7, 2025 Last action Apr 11, 2025
Floor votes

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Full legislative history

Actions timeline

Total actions
9
Key actions
1
Committee
4
Apr 11, 2025
Committee
Rule 3-9(a) / Re-referred to Assignments
upper
Mar 19, 2025
Upper · Passed
Do Pass State Government; 009-000-000
upper
Mar 4, 2025
Committee
Assigned to State Government
upper
Feb 7, 2025
Committee
Referred to Assignments
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Christopher Belt
Christopher Belt
DDemocratic
IL
57