Illinois General Assembly - Bill Status for HB3698
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 Bill Status of HB3698  94th General Assembly


Short Description:  OPPORTUNITY FUND ACT

House Sponsors
Rep. James H. Meyer

Last Action
DateChamber Action
  1/9/2007HouseSession Sine Die

Statutes Amended In Order of Appearance
New Act
30 ILCS 105/5.640 new


Synopsis As Introduced
Creates the Illinois Opportunity Fund Act. Contains provisions intended to increase the availability and facilitate the delivery of institutional venture capital to emerging and expanding enterprises in the State of Illinois. Defines the role of the Department of Commerce and Economic Opportunity. Creates the Illinois Opportunity Fund and provides for the creation of the Illinois Capital Investment Corporation. Amends the State Finance Act to create the Illinois Opportunity Special Projects Fund. Contains other provisions. Effective immediately.

Actions 
DateChamber Action
  2/24/2005HouseFiled with the Clerk by Rep. James H. Meyer
  2/25/2005HouseFirst Reading
  2/25/2005HouseReferred to Rules Committee
  3/1/2005HouseAssigned to Executive Committee
  3/10/2005HouseRule 19(a) / Re-referred to Rules Committee
  1/9/2007HouseSession Sine Die

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