Senate Sponsors: OBAMA. Short description: GRANT RECOVERY-SPEND DEADLINE Synopsis of Bill as introduced: Amends the Illinois Grant Funds Recovery Act. Extends the period during which grant funds must be spent or obligated, from 2 years to 4. Also provides that, at the request of the grantee under any grant agreement with the Capital Development Board that is in effect on the effective date of this amendatory Act, the Board shall amend the agreement to extend any 2-year spending, obligation, or completion deadline included in the agreement for an additional 2 years to reflect the change made by this amendatory Act. Effective immediately. Last action on Bill: SESSION SINE DIE Last action date: 01-01-09 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status