COMMUNITY DEVELOPMENT CORP Senate SponsorsSen. James F. Clayborne, Jr. 1/12/2011SenateSession Sine Die New Act30 ILCS 105/5.719 newCreates the Community Investment Corporation Development Act. Creates the Community Investment Corporation Development Commission within the Department of Commerce and Economic Opportunity. Sets forth procedures for appointments to the Commission and sets forth procedures for its operation. Requires the Department of Commerce and Economic Opportunity to develop and maintain a program to make grants to communities seeking to establish community investment corporations. Requires the Commission to seek out funding sources to enhance the development of community investment corporations. Amends the State Finance Act to create the Community Investment Corporation Fund. 2/20/2009SenateFiled with Secretary by Sen. James F. Clayborne, Jr. 2/20/2009SenateFirst Reading 2/20/2009SenateReferred to Assignments 3/4/2009SenateAssigned to Commerce 3/12/2009SenatePostponed - Commerce 3/13/2009SenateRule 2-10 Committee Deadline Established As April 3, 2009 4/3/2009SenateRule 3-9(a) / Re-referred to Assignments 1/12/2011SenateSession Sine Die