BRADFORD-STROGER, ERWIN AND LYONS,JOSEPH. 20 ILCS 605/47.3 new Amends the Civil Administrative Code of Illinois. Requires the Department of Commerce and Community Affairs to develop a program of grants, loans, and loan guarantees to promote cooperation between businesses in Illinois and the State's colleges and universities in the research, development, and marketing of new technologies and processes. Requires grants, loans, or loan guarantees to be for the exclusive purpose of offsetting the costs of cooperative ventures between a business and a college or university that involves the research, development, or marketing of a new technology or process. Creates the Technology Advisory Panel. Provides that the Panel shall work with the Director of Commerce and Community Affairs to develop general criteria and standards governing the issuance of grants, loans, and loan guarantees. STATE MANDATES FISCAL NOTE HB1477 fails to create a State mandate. FISCAL NOTE (DCCA) Estimated fiscal impact on DCCA is $3,830,925. 97-03-06 H FIRST READING 97-03-06 H ADDED AS A JOINT SPONSOR STROGER 97-03-06 H REFERRED TO HOUSE RULES COMMITTEE RULES 97-03-11 H ASSIGNED TO COMMITTEE STATE GOV ADM 97-03-20 H DO PASS/STANDARD DEBATE 007-004-000 HSGE 97-03-20 H PLACED CAL 2ND READING-STANDARD DEBATE 97-03-20 H FISCAL NOTE REQUESTED CLAYTON 97-03-20 H STATE MANDATES FISCAL NOTE REQUESTED CLAYTON 97-03-20 H CALENDAR ORDER 2ND READING-STANDARD DBT 97-04-07 H STATE MANDATES FISCAL NOTE FILED 97-04-07 H CALENDAR ORDER 2ND READING-STANDARD DBT 97-04-09 H ADDED AS A CO-SPONSOR ERWIN 97-04-14 H FISCAL NOTE FILED 97-04-14 H CALENDAR ORDER 2ND READING-STANDARD DBT 97-04-15 H ADDED AS A CO-SPONSOR LYONS,JOSEPH 97-04-16 H SECOND READING-STANDARD DEBATE 97-04-16 H PLCD CAL ORDER 3RD READING-STNDRD DEBATE 97-04-25 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL 99-01-12 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary