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STATE GOVERNMENT-TECH Creates the Illinois Community Capital Development Act. Contains only a short title provision. House Amendment No. 1 Deletes everything after the enacting clause. Creates the Community Capital Development Act. Requires the State Treasurer to make one billion dollars from the General Revenue Fund available for deposit in eligible Illinois banks that must make lines of credit available to community-based non-profit organizations. Sets criteria for participating banks and non-profit organizations and sets caps on deposit and credit line amounts. Effective immediately.  Judicial Note, House Amendment No. 1 (Admin Office of the Illinois Courts) Based on a review of the bill, it has been determined that HB 5755 (H-AM 1) would neither increase nor decrease the number of judges needed in the State.

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Latest Actions
  • 05/31/2008 - Rule 19(a) / Re-referred to Rules Committee
  • 05/29/2008 - Second Reading - Short Debate
  • 05/29/2008 - Held on Calendar Order of Second Reading - Short Debate
  • 05/23/2008 - Final Action Deadline Extended-9(b) May 31, 2008
  • 05/09/2008 - Final Action Deadline Extended-9(b) May 23, 2008

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Bill Text
File name Last Updated
HB5755 Bill Text House Amendment 001 PDF03/12/2008
HB5755 Bill Text Introduced PDF02/15/2008