HB 4916 Illinois House · 94th Regular Session

FINANCE-TECHNOLOGY ACCOUNT

Summary
Amends the Technology Development Act. Provides that no greater than 3% (now, 1%) of the Treasurer's investment portfolio at the time of investment (now, at any time) may be segregated in the Technology Investment Account. Provides that the Treasurer's investment in a fund created by an Illinois venture capital firm may not exceed 15% (now, 10%) of total investments in the venture capital fund. Effective immediately.
Bill status failed 1 of 4 stages cleared
Introduction
Jan 2006
Committee Review
Floor Vote
Governor
Introduced Jan 19, 2006 Last action Jan 9, 2007
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Full legislative history

Actions timeline

Total actions
6
Key actions
0
Committee
1
Jan 9, 2007
House · Failed
Session Sine Die
Jan 19, 2006
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor

Sponsors

Role
Legislator
Party
State
District
Co
Photo of Sandra M. Pihos
Sandra M. Pihos
RRepublican
IL
48