Illinois General Assembly - Full Text of HB1268
Illinois General Assembly

  Bills & Resolutions  
  Compiled Statutes  
  Public Acts  
  Legislative Reports  
  IL Constitution  
  Legislative Guide  
  Legislative Glossary  

 Search By Number
 (example: HB0001)
Search Tips

Search By Keyword

Full Text of HB1268  102nd General Assembly

HB1268 102ND GENERAL ASSEMBLY


 


 
102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022
HB1268

 

Introduced 2/17/2021, by Rep. Emanuel Chris Welch

 

SYNOPSIS AS INTRODUCED:
 
30 ILCS 265/5

    Amends the Technology Development Act. Makes a technical change in a Section concerning the purpose of the Act.


LRB102 03278 RJF 13291 b

 

 

A BILL FOR

 

HB1268LRB102 03278 RJF 13291 b

1    AN ACT concerning finance.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Technology Development Act is amended by
5changing Section 5 as follows:
 
6    (30 ILCS 265/5)
7    Sec. 5. Policy. The The Illinois General Assembly finds
8that it is important for the State to encourage technology
9development in the State. The purpose of this Act is to
10attract, assist, and retain quality technology businesses and
11promote the growth of jobs and entrepreneurial and venture
12capital environments in Illinois. The creation of the
13Technology Development Account will allow the State to bring
14together, and add to, Illinois' rich science, technology,
15agricultural, financial, and business communities.
16(Source: P.A. 100-1081, eff. 8-24-18.)