DCEO-COMMUNITY ASSETS FUND
Summary
Amends the Department of Commerce and Economic Opportunity Law and the State Finance Act. Creates the Illinois Community Assets Fund to finance intermediary agreements, administration, technical assistance agreements, loans, grants, investments, or other forms of financial assistance for the purpose of increasing access to capital and financing in economically depressed communities or communities and populations that have been underserved by mainstream capital markets in Illinois. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Feb 2007
Committee Review
Floor Vote
Governor
Introduced Feb 27, 2007
Last action Jan 13, 2009
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
20
Key actions
0
Committee
6
Amendments
1
Jan 13, 2009
House · Failed
Session Sine Die
May 25, 2007
House · Referred to committee
Rule 19(a) / Re-referred to Rules Committee
May 22, 2007
House · Reported by committee
House Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 003-001-000
May 21, 2007
House · Referred to committee
House Floor Amendment No. 1 Referred to Rules Committee
May 21, 2007
House · Amendment offered
House Floor Amendment No. 1 Filed with Clerk by Rep. Arthur L. Turner
Mar 14, 2007
House · Reported by committee
Do Pass / Short Debate International Trade & Commerce Committee; 008-000-000
Mar 1, 2007
House · Referred to committee
Assigned to International Trade & Commerce Committee
Feb 28, 2007
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
Arthur L. Turner
DDemocratic
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