Roll Call: IL SB1690 | 2021-2022 | 102nd General Assembly
For additional roll call votes on Illinois SB1690 please see the Vote List
Bill Title: Amends the Economic Development for a Growing Economy Tax Credit Act. Repeals provisions concerning the Illinois Business Investment Committee. Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code. Creates the Illinois Small Business Fund as a nonappropriated separate and apart trust fund in the State Treasury. Provides that the Department of Commerce and Economic Opportunity shall use moneys in the Fund to manage proceeds that result from investments that the Department has undertaken through economic development programs. Amends the State Finance Act to make a conforming change. Repeals the Illinois Small Business Incubator Article within the Build Illinois Act.
Spectrum: Partisan Bill (Democrat 3-0)
Status: (Passed) 2021-08-06 - Public Act . . . . . . . . . 102-0330 [SB1690 Detail]
Text: Latest bill text (Chaptered) [HTML]
Bill Title: Amends the Economic Development for a Growing Economy Tax Credit Act. Repeals provisions concerning the Illinois Business Investment Committee. Amends the Department of Commerce and Economic Opportunity Law of the Civil Administrative Code. Creates the Illinois Small Business Fund as a nonappropriated separate and apart trust fund in the State Treasury. Provides that the Department of Commerce and Economic Opportunity shall use moneys in the Fund to manage proceeds that result from investments that the Department has undertaken through economic development programs. Amends the State Finance Act to make a conforming change. Repeals the Illinois Small Business Incubator Article within the Build Illinois Act.
Spectrum: Partisan Bill (Democrat 3-0)
Status: (Passed) 2021-08-06 - Public Act . . . . . . . . . 102-0330 [SB1690 Detail]
Text: Latest bill text (Chaptered) [HTML]
Vote: Third Reading in Senate
| Vote | Tally | Democrat | Republican |
|---|---|---|---|
| Yea | 58 | 41 | 17 |
| Nay | - | - | - |
| Not Voting | 1 | - | 1 |
| Absent | - | - | - |
| TOTAL | 59 | 41 | 18 |
