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<title>Illinois General Assembly - Bill Status for SB 786    </title>
<shortdesc>TECHNOLOGY DEVELOPMENT ACCOUNT</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Jeffrey M. Schoenberg-Emil Jones, Jr.-Dan Kotowski-Kirk W. Dillard-Susan Garrett, Pamela J. Althoff, Don Harmon and Jacqueline Y. Collins</sponsors>
<sponsorhead2>House Sponsors</sponsorhead2><altsponsors>(Rep. David E. Miller-John A. Fritchey-Maria Antonia Berrios-Tom Cross-Arthur L. Turner, Susana A Mendoza, Greg Harris, Kenneth Dunkin, Monique D. Davis, Sara Feigenholtz, Naomi D. Jakobsson, Elizabeth Coulson, Bob Biggins, Mike Bost, Marlow H. Colvin, William Davis, Lisa M. Dugan, Gary Hannig, Joseph M. Lyons, Harry Osterman, Al Riley, Kathleen A. Ryg, Kevin Joyce and Raymond Poe)</altsponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2009</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>30 ILCS 105/6z-51</reference><aliasreference></aliasreference><SynopsisText>Amends the State Finance Act. Makes a technical change in a Section concerning the Budget Stabilization Fund.</SynopsisText><synopsistitle>Senate Floor Amendment No. 1</synopsistitle>
<reftype>Deletes reference to:</reftype><reference>30 ILCS 105/6z-51</reference><aliasreference></aliasreference><reftype>Adds reference to:</reftype><reference>30 ILCS 265/11 new</reference><aliasreference></aliasreference><SynopsisText>Deletes everything after the enacting clause. Amends the Technology Development Act. Authorizes the State Treasurer to segregate up to 2% of the Treasurer's investment portfolio in the Technology Development Account IIa. Authorizes investments from the account to provide venture capital to help attract, assist, and retain quality technology businesses in Illinois. Contains provisions concerning soliciting proposals from entities to manage and be the General Partner of Technology Development Account IIb, consisting of investments from the private sector that must invest, at the direction of the Treasurer, in tandem with TDA IIa. Sets restrictions and conditions. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/8/2007</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Ira I. Silverstein</action>
<statusdate>2/8/2007</statusdate><chamber>Senate</chamber><action>Chief Co-Sponsor Sen. Emil Jones, Jr.</action>
<statusdate>2/8/2007</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/8/2007</statusdate><chamber>Senate</chamber><action>Referred to Rules</action>
<statusdate>3/7/2007</statusdate><chamber>Senate</chamber><action>Assigned to Executive</action>
<statusdate>3/15/2007</statusdate><chamber>Senate</chamber><action>Do Pass Executive;  007-005-000</action>
<statusdate>3/15/2007</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading March 20, 2007</action>
<statusdate>3/22/2007</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>3/22/2007</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading March 27, 2007</action>
<statusdate>3/30/2007</statusdate><chamber>Senate</chamber><action>Rule 2-10 Third Reading Deadline Established As May 31, 2007</action>
<statusdate>5/31/2007</statusdate><chamber>Senate</chamber><action>Rule 2-10 Third Reading Deadline Established As December 31, 2007</action>
<statusdate>12/3/2007</statusdate><chamber>Senate</chamber><action>Pursuant to Senate Rule 3-9(b) / Referred to Rules</action>
<statusdate>1/9/2008</statusdate><chamber>Senate</chamber><action>Approved for Consideration Rules</action>
<statusdate>1/9/2008</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading January 10, 2008</action>
<statusdate>4/2/2008</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Filed with Secretary by Sen. Jeffrey M. Schoenberg</action>
<statusdate>4/2/2008</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Referred to Rules</action>
<statusdate>4/2/2008</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Rules Refers to  State Government and Veterans Affairs</action>
<statusdate>4/3/2008</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Recommend Do Adopt State Government and Veterans Affairs;  009-000-000</action>
<statusdate>4/3/2008</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Dan Kotowski</action>
<statusdate>4/3/2008</statusdate><chamber>Senate</chamber><action>Chief Sponsor Changed to Sen. Jeffrey M. Schoenberg</action>
<statusdate>4/8/2008</statusdate><chamber>Senate</chamber><action>Recalled to Second Reading</action>
<statusdate>4/8/2008</statusdate><chamber>Senate</chamber><action>Senate Floor Amendment No. 1 Adopted; Schoenberg</action>
<statusdate>4/8/2008</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading April 9, 2008</action>
<statusdate>4/8/2008</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Kirk W. Dillard</action>
<statusdate>4/8/2008</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Susan Garrett</action>
<statusdate>4/16/2008</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Pamela J. Althoff</action>
<statusdate>4/16/2008</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Don Harmon</action>
<statusdate>4/16/2008</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Jacqueline Y. Collins</action>
<statusdate>4/16/2008</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 058-000-000</action>
<statusdate>4/17/2008</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>4/17/2008</statusdate><chamber>House</chamber><action>Placed on Calendar Order of First Reading</action>
<statusdate>4/17/2008</statusdate><chamber>House</chamber><action>Chief House Sponsor Rep. David E. Miller</action>
<statusdate>4/17/2008</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. John A. Fritchey</action>
<statusdate>4/17/2008</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>4/17/2008</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>5/8/2008</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Maria Antonia Berrios</action>
<statusdate>7/16/2008</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Susana A Mendoza</action>
<statusdate>7/16/2008</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Arthur L. Turner</action>
<statusdate>7/16/2008</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Greg Harris</action>
<statusdate>7/16/2008</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Kenneth Dunkin</action>
<statusdate>7/16/2008</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Monique D. Davis</action>
<statusdate>7/16/2008</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Sara Feigenholtz</action>
<statusdate>7/16/2008</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Naomi D. Jakobsson</action>
<statusdate>7/16/2008</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Elizabeth Coulson</action>
<statusdate>8/15/2008</statusdate><chamber>House</chamber><action>Alternate Chief Co-Sponsor Removed Rep. Susana A Mendoza</action>
<statusdate>8/15/2008</statusdate><chamber>House</chamber><action>Added Alternate Chief Co-Sponsor Rep. Tom Cross</action>
<statusdate>8/15/2008</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Susana A Mendoza</action>
<statusdate>8/15/2008</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Bob Biggins</action>
<statusdate>8/15/2008</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Mike Bost</action>
<statusdate>8/15/2008</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Marlow H. Colvin</action>
<statusdate>8/15/2008</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. William Davis</action>
<statusdate>8/15/2008</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Lisa M. Dugan</action>
<statusdate>8/15/2008</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Gary Hannig</action>
<statusdate>8/15/2008</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Joseph M. Lyons</action>
<statusdate>8/15/2008</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Harry Osterman</action>
<statusdate>8/15/2008</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Al Riley</action>
<statusdate>8/15/2008</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Kathleen A. Ryg</action>
<statusdate>8/15/2008</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Kevin Joyce</action>
<statusdate>8/19/2008</statusdate><chamber>House</chamber><action>Added Alternate Co-Sponsor Rep. Raymond Poe</action>
<statusdate>1/13/2009</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

