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HB 314 Illinois House · 99th Regular Session

ECONOMIC DEVELOPMENT CORP

Summary
Creates the Illinois Economic Development Corporation Act. Creates the Illinois Economic Development Corporation. Creates the board of directors of the Corporation and sets forth the membership of the board. Provides that the board shall develop and implement economic programs to provide business support and expertise and financial assistance to companies that are investing and creating jobs in Illinois and to support new business start-ups and business expansion and growth in Illinois. Sets forth the powers of the board. Creates the Illinois Small Business Development Center within the corporation to provide business counseling and educational programs developed at the local, regional, and State level to support Illinois small business creation and growth. Provides that the Center shall provide assistance, in the form of training, counseling, and information resources, to startup businesses and job-creator firms regarding the startup process. Provides that the board shall submit annual reports to the members of the General Assembly. Effective immediately.
Bill status failed 1 of 4 stages cleared
Introduction
Jan 2015
Committee Review
Floor Vote
Governor
Introduced Jan 27, 2015 Last action Jan 10, 2017
Floor votes

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Full legislative history

Actions timeline

Total actions
10
Key actions
1
Committee
5
Amendments
1
Mar 27, 2015
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Mar 5, 2015
Committee
House Committee Amendment No. 1 Referred to Rules Committee
lower
Mar 5, 2015
Introduced
House Committee Amendment No. 1 Filed with Clerk by Rep. Joe Sosnowski
lower
Feb 26, 2015
Lower · Passed
To Economic Growth and Modernization Subcommittee
lower
Feb 13, 2015
Committee
Assigned to Economic Development & Housing Committee
lower
Jan 27, 2015
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor

Sponsors

No sponsor information available.