Illinois General Assembly - Bill Status for HB5381
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 Bill Status of HB5381  101st General Assembly


House Sponsors
Rep. Amy Grant - Grant Wehrli - Terri Bryant - Dan Ugaste - Darren Bailey

Last Action
DateChamber Action
  1/13/2021HouseSession Sine Die

Statutes Amended In Order of Appearance
20 ILCS 3501/825-17 new

Synopsis As Introduced
Amends the Illinois Finance Authority Act. Provides that the Illinois Finance Authority shall study the feasibility of the implementation of a program that would provide loans to small business owners for first time real property purchases. Provides for the issues to be examined in the study. Provides that the Authority shall produce a report of findings based upon the issues examined, and shall submit that report to the Governor and the General Assembly on or before January 1, 2022. Provides that the report shall also include recommendations as to the feasibility of the loan program. Repeals provisions on January 1, 2023.

DateChamber Action
  2/14/2020HouseFiled with the Clerk by Rep. Amy Grant
  2/14/2020HouseChief Co-Sponsor Rep. Grant Wehrli
  2/14/2020HouseChief Co-Sponsor Rep. Terri Bryant
  2/14/2020HouseChief Co-Sponsor Rep. Dan Ugaste
  2/14/2020HouseChief Co-Sponsor Rep. Darren Bailey
  2/18/2020HouseFirst Reading
  2/18/2020HouseReferred to Rules Committee
  1/13/2021HouseSession Sine Die

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