COMMUNITY INVESTMENT CORPS
Summary
Creates the Community Investment Corporation Development Act. Creates the Community Investment Corporation Development Commission within the Department of Commerce and Economic Opportunity. Sets forth procedures for appointments to the Commission and sets forth procedures for its operation. Requires the Commission to make annual reports to the Governor and the General Assembly concerning the establishment and operation of community investment corporations. Requires the Department of Commerce and Economic Opportunity to develop and maintain a program to make grants to communities seeking to establish community investment corporations. Requires the Commission to seek out funding sources to enhance the development of community investment corporations. Amends the State Finance Act to create the Community Investment Corporation Fund.
Bill status
failed
1 of 4 stages cleared
Introduction
Feb 2005
Committee Review
Floor Vote
Governor
Introduced Feb 9, 2005
Last action Jan 9, 2007
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
6
Key actions
0
Committee
3
Jan 9, 2007
House · Failed
Session Sine Die
Mar 10, 2005
House · Referred to committee
Rule 19(a) / Re-referred to Rules Committee
Feb 10, 2005
House · Referred to committee
Assigned to Housing and Urban Development Committee
Feb 9, 2005
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
Wyvetter H. Younge
DDemocratic
Ask Maddy
·
AI policy assistant
Ask Maddy about HB 1281
Scope: IL
Hi! I can help you understand HB 1281. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline