Amends the Technology Development Act. Authorizes the State Treasurer to segregate up to 3% 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. Provides that the Treasurer may solicit proposals from entities to manage and be the General Partner of Technology Development Account IIb, a separate fund consisting of investments from private sector investors that must invest, at the direction of the Treasurer, in tandem with TDA IIa. Sets restrictions and conditions. Effective immediately.
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Amends the Illinois Municipal Code. Provides that a municipality may, within 6 months after making an overpayment of wages directly to an employee, deduct the overpayment from the employee's regularly scheduled wage payment without the written consent of the employee. Sets forth the conditions that must be met in order for a municipality to deduct from an employee's wages. Effective immediately.
Congratulates the Farmers Insurance Group for its dedicated efforts in support of the March of Dimes and Be a Hero For Babies Day.
Creates the Foreclosure Working Group, appointed by the State Housing Task Force, to create recommendations to address the foreclosure and housing crisis in the State.
Resolves that there is created the House Task Force on Emergency Medical Services Funding to formulate guidance on how to improve equipment, funding, training, manpower, cost savings, and communications with regard to emergency medical services.
Congratulates Milner Broadcasting Enterprises, L.L.C., and WVLI Radio 95.1 FM, on receiving the 2011 Good Neighbor Business of the Year Award.
Congratulates Tim Milner, owner of WVLI Radio in Kankakee, on his business receiving the 2010 Good Neighbor Business of the Year Award.
Amends the Counties Code. Makes a technical change in a Section concerning the election and term of a county board chairman.
Congratulates Jeff Bruno on being named the State Commander of the International Association of Fire Fighters Honor Guard.
Amends the School Code. Makes a technical change in a Section concerning the School Code's construction.