GASH-O'BRIEN AND ERWIN.
RECYCLABLE MARKETS DEVELOPMENT
Synopsis of Bill as introduced:
Creates the Illinois Recyclable Markets Development Act.
Provides for an Illinois Recyclable Markets Development Advisory
Council to review and recommend applications relating to the
manufacturing, production, or constructing recyclable markets
commodities, buildings, or facilities that shall come to the Illinois
Development Finance Authority. Amends the Illinois Development
Finance Authority Act. Requires the Authority, upon recommendation of
the Illinois Recyclable Markets Development Advisory Council, to pro-
vide certain financing to recyclable markets businesses. Establishes
guidelines. Creates a trust fund in the State Treasury known as the
Illinois Recyclable Markets Loan Guarantee Fund. Provides that the
Treasurer shall be ex officio custodian of the Fund and establishes
obligations of the Fund. Effective immediately.
Last action on Bill: SESSION SINE DIE
Last action date: 01-01-09
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0
END OF INQUIRY
Full Text Bill Status