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<xml>
<title>Illinois General Assembly - Bill Status for SB 2407   </title>
<shortdesc>TECH DEVELOPMENT FUND</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Kirk W. Dillard-Dan Cronin-Pamela J. Althoff-Jeffrey M. Schoenberg</sponsors>
<sponsorhead2>House Sponsors</sponsorhead2><altsponsors>(Rep. Terry R. Parke-Sidney H. Mathias)</altsponsors>
</sponsor>
<lastaction>
<statusdate>1/11/2005</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>30 ILCS 265/10</reference><aliasreference></aliasreference><reference>30 ILCS 265/20 new</reference><aliasreference></aliasreference><SynopsisText>Amends the Technology Development Act. Creates a Technology Development Fund for use by the State Treasurer in paying the expenses of investments from the Technology Development Account. Permits the State Treasurer to use any excess for grants to schools to buy computers and to upgrade technology. Permits the State Treasurer to deposit up to 10% of the earnings on Account investments into the Fund. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/3/2004</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Kirk W. Dillard</action>
<statusdate>2/3/2004</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/3/2004</statusdate><chamber>Senate</chamber><action>Referred to Rules</action>
<statusdate>2/18/2004</statusdate><chamber>Senate</chamber><action>Assigned to State Government</action>
<statusdate>2/25/2004</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Dan Cronin</action>
<statusdate>2/26/2004</statusdate><chamber>Senate</chamber><action>Do Pass State Government;  009-000-000</action>
<statusdate>2/26/2004</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading March 2, 2004</action>
<statusdate>2/26/2004</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Pamela J. Althoff</action>
<statusdate>2/26/2004</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Jeffrey M. Schoenberg</action>
<statusdate>3/24/2004</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>3/24/2004</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading March 25, 2004</action>
<statusdate>3/25/2004</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 056-001-000</action>
<statusdate>3/25/2004</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>3/25/2004</statusdate><chamber>House</chamber><action>Placed on Calendar Order of First Reading</action>
<statusdate>3/26/2004</statusdate><chamber>House</chamber><action>Chief House Sponsor Rep. Terry R. Parke</action>
<statusdate>3/26/2004</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Sidney H. Mathias</action>
<statusdate>3/26/2004</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>3/26/2004</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>1/11/2005</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

