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SB 3655 Illinois Senate · 96th Regular Session

FINANCE-TECHNOLOGY ACCOUNT

Summary
Amends the Technology Development Act. Authorizes the State Treasurer to segregate up to 2% of the Treasurer's investment portfolio in the Technology Development Account IIa. Authorizes investments from the account to provide venture capital to help attract, assist, and retain quality technology businesses in Illinois. Contains provisions concerning soliciting proposals from entities to manage and be the General Partner of Technology Development Account IIb, consisting of investments from the private sector that must invest, at the direction of the Treasurer, in tandem with TDA IIa. Sets restrictions and conditions. Effective immediately.
Bill status signed all 5 stages cleared
Introduction
Mar 2010
Committee Review
May 2010
Senate Passage
May 2010
House Passage
May 2010
Signed into Law
Jun 2010
Introduced Mar 15, 2010 Signed Jun 23, 2010
Floor votes · Senate May 6, 2010 · House May 6, 2010

How they voted

53–0
Passed · 1 other
Total votes 54
May 6, 2010
D Democratic34
34 Yea
100% Yea
R Republican20
19 Yea 1
95% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
49
Key actions
8
Committee
10
Amendments
4
Jun 23, 2010
Signed into law
Governor Approved
upper
May 6, 2010
Upper · Passed
Passed Both Houses
upper
May 6, 2010
Upper · Passed
House Committee Amendment No. 1 Senate Concurs 058-000-000
upper
May 6, 2010
Upper · Passed
House Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Executive; 010-000-000
upper
May 6, 2010
Committee
House Committee Amendment No. 1 Motion to Concur Assignments Referred to Executive
upper
May 6, 2010
Committee
House Committee Amendment No. 1 Motion to Concur Referred to Assignments
upper
May 6, 2010
Introduced
Placed on Calendar Order of Concurrence House Amendment(s) 1 - May 6, 2010
upper
May 6, 2010
Introduced
Secretary's Desk - Concurrence House Amendment(s) 1
upper
May 6, 2010
House · Passed
House Vote: pass (104-0-2)
house
May 5, 2010
Lower · Passed
Do Pass as Amended / Short Debate Executive Committee; 011-000-000
lower
May 5, 2010
Lower · Passed
House Committee Amendment No. 1 Adopted in Executive Committee; by Voice Vote
lower
May 5, 2010
Introduced
House Committee Amendment No. 1 Filed with Clerk by Executive Committee
lower
Apr 28, 2010
Committee
Assigned to Executive Committee
lower
Mar 16, 2010
Committee
Referred to Rules Committee
lower
Mar 15, 2010
Introduced
Arrived in House
lower
Mar 4, 2010
Upper · Passed
Do Pass Commerce; 009-000-000
upper
Feb 24, 2010
Committee
Assigned to Commerce
upper
Feb 11, 2010
Committee
Referred to Assignments
upper
0 primary · 1 co-sponsor

Sponsors

No sponsor information available.