Bill Text: IL HB0664 | 2015-2016 | 99th General Assembly | Introduced

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

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2015-04-24 - Rule 19(a) / Re-referred to Rules Committee [HB0664 Detail]

Download: Illinois-2015-HB0664-Introduced.html

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99TH GENERAL ASSEMBLY State of Illinois 2015 and 2016 HB0664 Introduced , by Rep. Michael J. Madigan 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.
LRB099 04473 SXM 24501 b
A BILL FOR
HB0664 LRB099 04473 SXM 24501 b
AN ACT concerning finance.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Technology Development Act is amended by
changing Section 5 as follows:
(30 ILCS 265/5)
Sec. 5. Policy. The The Illinois General Assembly finds
that it is important for the State to encourage technology
development in the State. The purpose of this Act is to
attract, assist, and retain quality technology businesses in
Illinois. The creation of the Technology Development Account
will allow the State to bring together, and add to, Illinois'
rich science, technology, and business communities.
(Source: P.A. 92-851, eff. 8-26-02.)