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<xml>
<title>Illinois General Assembly - Bill Status for HB 3562   </title>
<shortdesc>ECONOMIC RECOVERY ACT</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Steve Davis-Eddie Washington-Mike Boland</sponsors>
</sponsor>
<lastaction>
<statusdate>1/11/2005</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>New Act</reference><aliasreference></aliasreference><reference>30 ILCS 105/5.595 new</reference><aliasreference></aliasreference><SynopsisText>     Creates the Economic Recovery Act. Creates the Illinois Economic Recovery Program. Provides for the appointment and terms of the members of the Board of Directors of the Program. Sets forth the powers and duties of the Program. Requires the Program to file a certified annual report with the Auditor General and an annual report with the Governor, the General Assembly, and the Economic and Fiscal Commission. Establishes the Portfolio Risk Insurance Reserve Fund as a special fund created outside of the State treasury. Sets forth procedures for the management of the Fund. Provides that the Program may enter into agreements with lenders. Creates the Illinois Economic Recovery Fund as a fund within the State treasury.</SynopsisText><synopsistitle>Fiscal Note (Department of Central Management Services)</synopsistitle>
<SynopsisText>The Department of Central Management Services anticipates no fiscal impact from this bill. </SynopsisText></synopsis>
<actions>
<statusdate>2/28/2003</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Mike Boland</action>
<statusdate>2/28/2003</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/28/2003</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/5/2003</statusdate><chamber>House</chamber><action>Assigned to State Government Administration Committee</action>
<statusdate>3/12/2003</statusdate><chamber>House</chamber><action>Chief Sponsor Changed to Rep. Steve Davis</action>
<statusdate>3/12/2003</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Eddie Washington</action>
<statusdate>3/12/2003</statusdate><chamber>House</chamber><action>Added Chief Co-Sponsor Rep. Mike Boland</action>
<statusdate>3/13/2003</statusdate><chamber>House</chamber><action>Motion Do Pass - Lost State Government Administration Committee;  004-006-000</action>
<statusdate>3/13/2003</statusdate><chamber>House</chamber><action>Remains in State Government Administration Committee</action>
<statusdate>3/13/2003</statusdate><chamber>House</chamber><action>Do Pass / Standard Debate State Government Administration Committee;  006-002-000</action>
<statusdate>3/13/2003</statusdate><chamber>House</chamber><action>Placed on Calendar 2nd Reading - Standard Debate</action>
<statusdate>3/24/2003</statusdate><chamber>House</chamber><action>Fiscal Note Filed</action>
<statusdate>3/27/2003</statusdate><chamber>House</chamber><action>Second Reading - Short Debate</action>
<statusdate>3/27/2003</statusdate><chamber>House</chamber><action>Placed on Calendar Order of 3rd Reading - Short Debate</action>
<statusdate>3/31/2003</statusdate><chamber>House</chamber><action>Recalled to Second Reading - Standard Debate</action>
<statusdate>3/31/2003</statusdate><chamber>House</chamber><action>Held on Calendar Order of Second Reading - Standard Debate</action>
<statusdate>4/1/2003</statusdate><chamber>House</chamber><action>House Amendment No. 1 Filed with Clerk by Rep. Steve Davis</action>
<statusdate>4/1/2003</statusdate><chamber>House</chamber><action>House Amendment No. 1 Referred to Rules Committee</action>
<statusdate>4/2/2003</statusdate><chamber>House</chamber><action>House Amendment No. 2 Filed with Clerk by Rep. Steve Davis</action>
<statusdate>4/2/2003</statusdate><chamber>House</chamber><action>House Amendment No. 2 Referred to Rules Committee</action>
<statusdate>4/4/2003</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/11/2005</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

