ECONOMIC RECOVERY ACT
Summary
Creates the Economic Recovery Act. Creates the Illinois Economic Recovery Program. Provides for the appointment and terms of the members of the Board of Directors of the Program. Sets forth the powers and duties of the Program. Requires the Program to file a certified annual report with the Auditor General and an annual report with the Governor, the General Assembly, and the Economic and Fiscal Commission. Establishes the Portfolio Risk Insurance Reserve Fund as a special fund created outside of the State treasury. Sets forth procedures for the management of the Fund. Provides that the Program may enter into agreements with lenders. Creates the Illinois Economic Recovery Fund as a fund within the State treasury.
Bill status
failed
1 of 4 stages cleared
Introduction
Mar 2003
Committee Review
Floor Vote
Governor
Introduced Mar 24, 2003
Last action Jan 11, 2005
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
22
Key actions
0
Committee
8
Amendments
2
Jan 11, 2005
House · Failed
Session Sine Die
Apr 4, 2003
House · Referred to committee
Rule 19(a) / Re-referred to Rules Committee
Apr 2, 2003
House · Referred to committee
House Floor Amendment No. 2 Referred to Rules Committee
Apr 2, 2003
House · Amendment offered
House Floor Amendment No. 2 Filed with Clerk by Rep. Steve Davis
Apr 1, 2003
House · Referred to committee
House Floor Amendment No. 1 Referred to Rules Committee
Apr 1, 2003
House · Amendment offered
House Floor Amendment No. 1 Filed with Clerk by Rep. Steve Davis
Mar 13, 2003
House · Reported by committee
Do Pass / Standard Debate State Government Administration Committee; 006-002-000
Mar 13, 2003
House · Reported by committee
Remains in State Government Administration Committee
Mar 13, 2003
House · Failed in committee
Motion Do Pass - Lost State Government Administration Committee; 004-006-000
Mar 5, 2003
House · Referred to committee
Assigned to State Government Administration Committee
Feb 28, 2003
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
Steve Davis
DDemocratic
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