Illinois General Assembly - Bill Status for SB2491
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 Bill Status of SB2491  99th General Assembly


Short Description:  IDOT-DISADVANTAGED COMPANY AID

Senate Sponsors
Sen. Mattie Hunter - Iris Y. Martinez - William Delgado - Heather A. Steans - Jacqueline Y. Collins, Toi W. Hutchinson, Martin A. Sandoval, Kimberly A. Lightford, Donne E. Trotter, Michael Noland and Kwame Raoul

House Sponsors
(Rep. William Davis - La Shawn K. Ford - Barbara Flynn Currie - Maria Antonia Berrios, Kenneth Dunkin, Constance A. Howard, Rita Mayfield, Eddie Lee Jackson, Sr., Kimberly du Buclet, Arthur Turner, Esther Golar, Monique D. Davis, Camille Y. Lilly, Mary E. Flowers, Charles E. Jefferson, Al Riley, Marcus C. Evans, Jr., Kelly M. Cassidy and Cory Foster)

Last Action
DateChamber Action
  1/8/2013SenateSession Sine Die

Statutes Amended In Order of Appearance
20 ILCS 2705/2705-605 new
30 ILCS 105/5.786 new
30 ILCS 105/8r new


Synopsis As Introduced
Amends the Department of Transportation Law of the Civil Administrative Code of Illinois and the State Finance Act. Grants the Illinois Department of Transportation the power to enter into agreements to make direct grants and low-interest loans to minority-owned businesses, female-owned businesses, and disadvantaged business enterprises certified by the Department for participation on Department-procured construction and construction-related contracts. Provides that grant and loan funds shall be expended, subject to appropriation, from the Working Capital Loan Repayment Fund. Specifies permissible uses of funds and provides that funds may be loaned with or without interest. Provides that the Department shall establish the requirements for eligibility and criteria for grant and loan applications, approved use of funds, amount of loans or grants, interest rates, collateral, and terms. Creates the Working Capital Loan Repayment Fund and provides that the State Comptroller shall order and the State Treasurer shall transfer $10,000,000 from the Road Fund to the Working Capital Loan Repayment Fund.

Senate Committee Amendment No. 2
Replaces everything after the enacting clause with the provisions of the original bill and makes the following changes: defines "contractor" and "fund control agency"; removes the power of the Department to make direct grants; establishes a funds control process; removes language stating that contracts providing for mobilization payments to a certified business are not eligible for loan assistance; removes language stating that any agreement shall provide for the security necessary to protect the State's interest and may include withholding of payments due under the contract accepted for loan assistance under the program; replaces language concerning transfer to the Working Capital Loan Repayment Fund with language providing that upon written request of the Secretary of Transportation, the State Comptroller shall order and the State Treasurer shall transfer amounts not to exceed $3,000,000 in aggregate during a Fiscal Year, for a period of 10 years, from the Road Fund to the Working Capital Loan Repayment Fund.

Senate Floor Amendment No. 3
Replaces everything after the enacting clause with the provisions of Senate Amendment No. 2, and makes the following changes: defines "Fund Control Agent" (instead of "Fund Control Agency") as a person who holds the authority to manage a loan under this Section; defines "escrow account"; provides that shall be dispersed to the escrow account (instead of "expended to the Fund Control Agency"); loan renames the Working Capital Loan Repayment Fund the Working Capital Revolving Loan Fund; contains changes concerning the disbursement and management of funds related to the revolving loan program; provides that investment income which is attributable to the investment of moneys in the Working Capital Revolving Loan Fund shall be retained in the Working Capital Revolving Loan Fund; provides that the Department shall report to the Governor and the General Assembly concerning the revolving loan program; provides that the Department's authority to execute additional loans or request transfers to the Working Capital Revolving Loan Fund expires on June 1, 2022 and contains provisions concerning the winding down of the program; and provides that no transfer to the Working Capital Revolving Loan Fund may be requested or ordered if the available balance in the Working Capital Revolving Loan Fund is equal to or greater than $6,000,000. Effective immediately.

Actions 
DateChamber Action
  10/12/2011SenateFiled with Secretary by Sen. Mattie Hunter
  10/12/2011SenateFirst Reading
  10/12/2011SenateReferred to Assignments
  1/24/2012SenateAssigned to State Government and Veterans Affairs
  1/27/2012SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Mattie Hunter
  1/27/2012SenateSenate Committee Amendment No. 1 Referred to Assignments
  1/31/2012SenateSenate Committee Amendment No. 1 Assignments Refers to State Government and Veterans Affairs
  2/9/2012SenateSenate Committee Amendment No. 1 Postponed - State Government and Veterans Affairs
  2/9/2012SenatePostponed - State Government and Veterans Affairs
  2/23/2012SenateAdded as Chief Co-Sponsor Sen. Iris Y. Martinez
  2/23/2012SenateAdded as Chief Co-Sponsor Sen. William Delgado
  2/24/2012SenateSenate Committee Amendment No. 1 Postponed - State Government and Veterans Affairs
  2/24/2012SenatePostponed - State Government and Veterans Affairs
  2/28/2012SenateAdded as Chief Co-Sponsor Sen. Heather A. Steans
  2/29/2012SenateRe-referred to Assignments
  2/29/2012SenateRe-assigned to Executive
  3/2/2012SenateSenate Committee Amendment No. 2 Filed with Secretary by Sen. Mattie Hunter
  3/2/2012SenateSenate Committee Amendment No. 2 Referred to Assignments
  3/5/2012SenateAdded as Chief Co-Sponsor Sen. Jacqueline Y. Collins
  3/6/2012SenateSenate Committee Amendment No. 2 Assignments Refers to Executive
  3/7/2012SenateAdded as Co-Sponsor Sen. Toi W. Hutchinson
  3/7/2012SenateSenate Committee Amendment No. 2 Adopted
  3/8/2012SenateDo Pass as Amended Executive; 009-006-000
  3/8/2012SenatePlaced on Calendar Order of 2nd Reading March 21, 2012
  3/8/2012SenateAdded as Co-Sponsor Sen. Martin A. Sandoval
  3/22/2012SenateAdded as Co-Sponsor Sen. Kimberly A. Lightford
  3/26/2012SenateSenate Floor Amendment No. 3 Filed with Secretary by Sen. Mattie Hunter
  3/26/2012SenateSenate Floor Amendment No. 3 Referred to Assignments
  3/26/2012SenateSenate Floor Amendment No. 3 Assignments Refers to State Government and Veterans Affairs
  3/27/2012SenateSenate Floor Amendment No. 3 Postponed - State Government and Veterans Affairs
  3/27/2012SenateSenate Floor Amendment No. 3 Re-referred to Assignments
  3/27/2012SenateSenate Floor Amendment No. 3 Re-assigned to Executive
  3/28/2012SenateSenate Floor Amendment No. 3 Recommend Do Adopt Executive; 009-005-000
  3/28/2012SenateAdded as Co-Sponsor Sen. Donne E. Trotter
  3/28/2012SenateSecond Reading
  3/28/2012SenateSenate Floor Amendment No. 3 Adopted; Hunter
  3/28/2012SenatePlaced on Calendar Order of 3rd Reading March 29, 2012
  4/26/2012SenateRule 2-10 Third Reading Deadline Established As May 11, 2012
  5/9/2012SenateAdded as Co-Sponsor Sen. Michael Noland
  5/9/2012SenateAdded as Co-Sponsor Sen. Kwame Raoul
  5/9/2012SenateThird Reading - Passed; 031-020-001
  5/9/2012SenateSenate Committee Amendment No. 1 Tabled Pursuant to Rule 5-4(a)
  5/9/2012HouseArrived in House
  5/9/2012HouseChief House Sponsor Rep. La Shawn K. Ford
  5/9/2012HousePlaced on Calendar Order of First Reading
  5/9/2012HouseFirst Reading
  5/9/2012HouseReferred to Rules Committee
  5/10/2012HouseAdded Alternate Co-Sponsor Rep. Kenneth Dunkin
  5/11/2012HouseAdded Alternate Chief Co-Sponsor Rep. Barbara Flynn Currie
  5/11/2012HouseAdded Alternate Chief Co-Sponsor Rep. William Davis
  5/16/2012HouseAdded Alternate Co-Sponsor Rep. Constance A. Howard
  5/16/2012HouseAdded Alternate Co-Sponsor Rep. Rita Mayfield
  5/22/2012HouseAdded Alternate Co-Sponsor Rep. Eddie Lee Jackson, Sr.
  5/23/2012HouseAdded Alternate Chief Co-Sponsor Rep. Maria Antonia Berrios
  5/23/2012HouseAdded Alternate Co-Sponsor Rep. Kimberly du Buclet
  5/24/2012HouseAdded Alternate Co-Sponsor Rep. Arthur Turner
  5/24/2012HouseAdded Alternate Co-Sponsor Rep. Esther Golar
  5/24/2012HouseAdded Alternate Co-Sponsor Rep. Monique D. Davis
  5/24/2012HouseAdded Alternate Co-Sponsor Rep. Camille Y. Lilly
  5/24/2012HouseAdded Alternate Co-Sponsor Rep. Mary E. Flowers
  5/24/2012HouseAdded Alternate Co-Sponsor Rep. Charles E. Jefferson
  5/24/2012HouseAdded Alternate Co-Sponsor Rep. Luis Arroyo
  5/24/2012HouseAdded Alternate Co-Sponsor Rep. Al Riley
  5/24/2012HouseAdded Alternate Co-Sponsor Rep. Marcus C. Evans, Jr.
  5/24/2012HouseAlternate Co-Sponsor Removed Rep. Luis Arroyo
  5/31/2012HouseFinal Action Deadline Extended-9(b) May 31, 2012
  5/31/2012HouseAssigned to Executive Committee
  5/31/2012HouseRule 19(a) / Re-referred to Rules Committee
  8/17/2012HouseAdded Alternate Co-Sponsor Rep. Kelly M. Cassidy
  12/19/2012HouseAdded Alternate Co-Sponsor Rep. Cory Foster
  12/31/2012HouseAlternate Chief Co-Sponsor Removed Rep. William Davis
  12/31/2012HouseAlternate Chief Sponsor Changed to Rep. William Davis
  12/31/2012HouseAdded Alternate Chief Co-Sponsor Rep. La Shawn K. Ford
  1/8/2013SenateSession Sine Die

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