91st General Assembly
Status of HB3386
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 Full Text  Bill Summary

   New Act                                                                     
   20 ILCS 3505/7.89 new                                                       
   20 ILCS 3505/7.90 new                                                       
   20 ILCS 3505/7.91 new                                                       
   20 ILCS 3505/7.92 new                                                       
   20 ILCS 3505/7.93 new                                                       
   20 ILCS 3505/7.94 new                                                       
   20 ILCS 3505/7.95 new                                                       
   20 ILCS 3505/7.96 new                                                       

        Creates  the  Illinois  Recyclable   Markets   Development   Act.      
   Provides  for  an  Illinois  Recyclable  Markets  Development Advisory      
   Council  to  review  and  recommend  applications  relating   to   the      
   manufacturing, production, or constructing of  recyclable markets           
   commodities, buildings, or facilities that shall come to the  Illinois      
   Development   Finance  Authority.   Amends  the  Illinois  Development      
   Finance Authority Act.  Requires the Authority, upon recommendation of      
   the Advisory Council,  to  provide  certain  financing  to  recyclable      
   markets  businesses.  Establishes guidelines.  Creates a trust fund in      
   the State Treasury known  as  the  Illinois  Recyclable  Markets  Loan      
   Guarantee Fund.  Provides that the State Treasurer shall be ex officio      
   custodian  of  the  Fund  and  establishes  obligations  of  the Fund.      
   Effective immediately.                                                      
   00-01-20  H  FILED WITH CLERK                                               
   00-01-20  H  FIRST READING                                                  
   00-01-20  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   00-01-27  H  ADDED AS A JOINT SPONSOR                 MCKEON                
   00-02-09  H  ADDED AS A JOINT SPONSOR                 FRITCHEY              
   01-01-09  H  SESSION SINE DIE                                               


 Full Text  Bill Summary