ECONOMIC DEVELOPMENT CORP Senate SponsorsSen. Michael Connelly and Karen McConnaughay 1/10/2017SenateSession Sine Die New ActCreates the Illinois Economic Development Corporation Act. Creates the Illinois Economic Development Corporation. Creates the board of directors of the Corporation and sets forth the membership of the board. Provides that the board shall develop and implement economic programs to provide business support and expertise and financial assistance to companies that are investing and creating jobs in Illinois and to support new business start-ups and business expansion and growth in Illinois. Sets forth the powers of the board. Creates the Illinois Small Business Development Center within the corporation to provide business counseling and educational programs developed at the local, regional, and State level to support Illinois small business creation and growth. Provides that the Center shall provide assistance, in the form of training, counseling, and information resources, to startup businesses and job-creator firms regarding the startup process. Provides that the board shall submit annual reports to the members of the General Assembly. Effective immediately. 2/4/2015SenateFiled with Secretary by Sen. Michael Connelly 2/4/2015SenateFirst Reading 2/4/2015SenateReferred to Assignments 2/11/2015SenateAssigned to Commerce and Economic Development 2/19/2015SenatePostponed - Commerce and Economic Development 3/19/2015SenatePostponed - Commerce and Economic Development 3/26/2015SenateDo Pass Commerce and Economic Development; 011-000-000 3/26/2015SenatePlaced on Calendar Order of 2nd Reading April 14, 2015 3/26/2015SenateAdded as Co-Sponsor Sen. Karen McConnaughay 4/21/2015SenateSecond Reading 4/21/2015SenatePlaced on Calendar Order of 3rd Reading April 22, 2015 6/9/2015SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. Michael Connelly 6/9/2015SenateSenate Floor Amendment No. 1 Referred to Assignments 6/16/2015SenateSenate Floor Amendment No. 1 Pursuant to Senate Rule 3-8(b-1), this amendment will remain in the Committee on Assignments 10/8/2015SenateRule 2-10 Third Reading Deadline Established As October 20, 2015 10/10/2015SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments 1/10/2017SenateSession Sine Die