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<xml>
<title>Illinois General Assembly - Bill Status for HB 4943   </title>
<shortdesc>FINANCE-SMALL BUSINESS FUND</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Suzanne Bassi, Rich Brauer, Sandra M. Pihos, Patricia R. Bellock, Roger L. Eddy, Sandy Cole, JoAnn D. Osmond, Sidney H. Mathias, Mark H. Beaubien, Jr., Renée Kosel, Bob Biggins, Mike Fortner and Michael P. McAuliffe</sponsors>
</sponsor>
<lastaction>
<statusdate>1/11/2011</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>30 ILCS 105/5.756 new</reference><aliasreference></aliasreference><reference>30 ILCS 105/6z-82 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the State Finance Act. Creates the Small Business Development Grant Fund. Provides that moneys in the Fund shall be used, subject to appropriation, by the Department of Commerce and Economic Opportunity to make grants (i) to small businesses in the State that commit to using the grant moneys to create additional jobs, (ii) to small businesses from outside of the State that commit to relocate within the State, and (iii) for individual projects that create 100 or fewer additional jobs. Provides that the Department must give priority to (i) minority owned businesses, (ii) female owned businesses, (iii) businesses owned by a person with a disability, (iv) businesses that pledge not to use the grant moneys as additional compensation for an executive, and (v) businesses that have as their primary purpose the provision of energy derived from renewable energy technology. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>1/14/2010</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Suzanne Bassi</action>
<statusdate>1/15/2010</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>1/15/2010</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/10/2010</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Rich Brauer</action>
<statusdate>2/10/2010</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Sandra M. Pihos</action>
<statusdate>2/10/2010</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Patricia R. Bellock</action>
<statusdate>2/10/2010</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Roger L. Eddy</action>
<statusdate>2/10/2010</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Sandy Cole</action>
<statusdate>2/10/2010</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. JoAnn D. Osmond</action>
<statusdate>2/10/2010</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Sidney H. Mathias</action>
<statusdate>2/10/2010</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Mark H. Beaubien, Jr.</action>
<statusdate>2/10/2010</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Renée Kosel</action>
<statusdate>2/10/2010</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Bob Biggins</action>
<statusdate>2/10/2010</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Mike Fortner</action>
<statusdate>2/10/2010</statusdate><chamber>House</chamber><action>Added Co-Sponsor Rep. Michael P. McAuliffe</action>
<statusdate>5/25/2010</statusdate><chamber>House</chamber><action>Motion Filed to Discharge Rules Committee Rep. William B. Black</action>
<statusdate>5/25/2010</statusdate><chamber>House</chamber><action>Objects to Motion Rep. Barbara Flynn Currie</action>
<statusdate>5/25/2010</statusdate><chamber>House</chamber><action>Chair Rules Motion Lost</action>
<statusdate>5/25/2010</statusdate><chamber>House</chamber><action>Motion Discharge Committee Lost</action>
<statusdate>5/25/2010</statusdate><chamber>House</chamber><action>Appeal Ruling of Chair Rep. William B. Black</action>
<statusdate>5/25/2010</statusdate><chamber>House</chamber><action>Shall the Chair be Sustained</action>
<statusdate>5/25/2010</statusdate><chamber>House</chamber><action>Motion to Sustain the Chair - Prevailed 068-048-000</action>
<statusdate>1/11/2011</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

