Illinois General Assembly - Bill Status for HB4626

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Bill Status of HB4626 93rd General Assembly

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Short Description: COMMUNITY INVESTMENT CORPS

House Sponsors
Rep. Wyvetter H. Younge

Last Action

Date	Chamber	Action
1/11/2005	House	Session Sine Die

Statutes Amended In Order of Appearance

New Act

30 ILCS 105/5.625 new

Synopsis As Introduced
Creates 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 Commission to make annual reports to the Governor and the General Assembly concerning the establishment and operation of community investment corporations. 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.

Actions

Date	Chamber	Action
2/4/2004	House	Filed with the Clerk by Rep. Wyvetter H. Younge
2/4/2004	House	First Reading
2/4/2004	House	Referred to Rules Committee
2/19/2004	House	Assigned to Commerce and Business Development Committee
2/25/2004	House	Motion Do Pass - Lost Commerce and Business Development Committee; 007-011-000
2/25/2004	House	Remains in Commerce and Business Development Committee
3/4/2004	House	Rule 19(a) / Re-referred to Rules Committee
1/11/2005	House	Session Sine Die

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