92nd General Assembly
Summary of SB1010
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Senate Sponsors:

Short description: 
STATE FINANCE AUTHORITY-NEW                                                

Synopsis of Bill as introduced:
        Creates the Illinois State Finance  Authority  Act.   Establishes      
   the Illinois State Finance Authority.  Consolidates the following into      
   the  new  Authority:  Illinois Development Finance Authority, Illinois      
   Farm Development  Authority,  Illinois  Health  Facilities  Authority,      
   Illinois   Housing   Development  Authority,  Illinois  Research  Park      
   Authority,  Illinois  Rural  Bond  Bank,  State  Parks  Revenue   Bond      
   Commission, Joliet Arsenal Development Authority, Quad Cities Regional      
   Economic  Development  Authority,  Southwestern  Illinois  Development      
   Authority,   Tri-County  River  Valley  Development  Authority,  Upper      
   Illinois River Valley Authority,  Will-Kankakee  Regional  Development      
   Authority,    Illinois   Student   Assistance   Commission,   Illinois      
   Educational Facilities Authority, and Illinois  Community  Development      
   Finance  Corporation.   Consolidates  the Prairie State 2000 Authority      
   into the Department of Commerce and Community  Affairs.   Repeals  the      
   Acts  establishing  the  entities being consolidated.  Amends numerous      
   Acts to make conforming changes.                                            
          PENSION NOTE (Pension Laws Commission)                               
          SB 1010 has no fiscal impact.                                        
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


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