SB 2407 Illinois Senate · 93rd Regular Session

TECH DEVELOPMENT FUND

Summary

Amends the Technology Development Act. Creates a Technology Development Fund for use by the State Treasurer in paying the expenses of investments from the Technology Development Account. Permits the State Treasurer to use any excess for grants to schools to buy computers and to upgrade technology. Permits the State Treasurer to deposit up to 10% of the earnings on Account investments into the Fund. Effective immediately.

Bill status failed 3 of 5 stages cleared

Introduction

Mar 2004

Committee Review

Mar 2004

Senate Passage

Mar 2004

House Passage

Governor

Introduced Mar 25, 2004 Last action Jan 11, 2005

Floor votes · Senate Mar 25, 2004

How they voted

54–1

Passed · 1 other

Total votes 56

Mar 25, 2004

D Democratic30

30 Yea

100% Yea

R Republican26

24 Yea 1 Nay 1

92% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Mar 26, 2004

Committee

Referred to Rules Committee

lower

Mar 25, 2004

Introduced

Arrived in House

lower

Mar 25, 2004

Senate · Passed

Senate Vote: pass (54-1-1)

senate

Feb 26, 2004

Upper · Passed

Do Pass State Government; 009-000-000

upper

Feb 18, 2004

Committee

Assigned to State Government

upper

Feb 3, 2004

Committee

Referred to Rules

upper

0 primary · 1 co-sponsor