Illinois General Assembly - Bill Status for HB1867

Synopsis As Introduced
Amends the Economic Development for a Growing Economy Tax Credit Act. Repeals provisions concerning the Illinois Business Investment Committee. Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code. Creates the Illinois Small Business Fund as a nonappropriated separate and apart trust fund in the State Treasury. Provides that the Department of Commerce and Economic Opportunity shall use moneys in the Fund to manage proceeds that result from investments that the Department has undertaken through economic development programs. Repeals the Illinois Small Business Incubator Article within the Build Illinois Act.

Actions

Date	Chamber	Action
2/16/2021	House	Filed with the Clerk by Rep. Michael J. Zalewski
2/17/2021	House	First Reading
2/17/2021	House	Referred to Rules Committee
3/9/2021	House	Assigned to Revenue & Finance Committee
3/18/2021	House	To Income Tax Subcommittee
3/27/2021	House	Rule 19(a) / Re-referred to Rules Committee
4/7/2022	House	Added Co-Sponsor Rep. Janet Yang Rohr
1/10/2023	House	Session Sine Die

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