<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 5381         </title>
<shortdesc>FINANCE AUTH-LOAN PROG STUDY</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Amy Grant-Grant Wehrli-Terri Bryant-Dan Ugaste-Darren Bailey</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2021</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>20 ILCS 3501/825-17 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Illinois Finance Authority Act. Provides that the Illinois Finance Authority shall study the feasibility of the implementation of a program that would provide loans to small business owners for first time real property purchases. Provides for the issues to be examined in the study. Provides that the Authority shall produce a report of findings based upon the issues examined, and shall submit that report to the Governor and the General Assembly on or before January 1, 2022. Provides that the report shall also include recommendations as to the feasibility of the loan program. Repeals provisions on January 1, 2023.</SynopsisText></synopsis>
<actions>
<statusdate>2/14/2020</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Amy Grant</action>
<statusdate>2/14/2020</statusdate><chamber>House</chamber><action>Chief Co-Sponsor Rep. Grant Wehrli</action>
<statusdate>2/14/2020</statusdate><chamber>House</chamber><action>Chief Co-Sponsor Rep. Terri Bryant</action>
<statusdate>2/14/2020</statusdate><chamber>House</chamber><action>Chief Co-Sponsor Rep. Dan Ugaste</action>
<statusdate>2/14/2020</statusdate><chamber>House</chamber><action>Chief Co-Sponsor Rep. Darren Bailey</action>
<statusdate>2/18/2020</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/18/2020</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>1/13/2021</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

