91st General Assembly
Summary of HB2810
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House Sponsors:

Short description: 
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

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


 Full Text  Bill Status