Bill Status of HB6680  93rd General Assembly

Short Description:  IL OPPORTUNITY FUND

House Sponsors
Rep. Ron Stephens - Bill Mitchell - Donald L. Moffitt - Richard P. Myers - Jim Watson, Robert W. Pritchard and Rich Brauer

Last Action
DateChamber Action
  1/11/2005HouseSession Sine Die

Statutes Amended In Order of Appearance
New Act
30 ILCS 105/5.625 new


Synopsis As Introduced
Creates the Illinois Opportunity Fund Act. Contains provisions intended to increase the availability and facilitate the delivery of institutional venture capital to emerging and expanding enterprises in the State of Illinois. Defines the role of the Department of Commerce and Economic Opportunity. Creates the Illinois Opportunity Fund and provides for the creation of the Illinois Capital Investment Corporation. Amends the State Finance Act to create the Illinois Opportunity Special Projects Fund. Contains other provisions. Effective immediately.

Actions 
DateChamber Action
  2/9/2004HouseFiled with the Clerk by Rep. Ron Stephens
  2/9/2004HouseChief Co-Sponsor Rep. Bill Mitchell
  2/9/2004HouseChief Co-Sponsor Rep. Donald L. Moffitt
  2/9/2004HouseChief Co-Sponsor Rep. Richard P. Myers
  2/9/2004HouseChief Co-Sponsor Rep. Jim Watson
  2/9/2004HouseFirst Reading
  2/9/2004HouseReferred to Rules Committee
  2/25/2004HouseAdded Co-Sponsor Rep. Robert W. Pritchard
  2/25/2004HouseAdded Co-Sponsor Rep. Rich Brauer
  1/11/2005HouseSession Sine Die