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republic-os/legislation/us/states/il/96th/sb-3655.md
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Fabio 5941153bb7 Legislation: batch B — IL IN KS KY LA MA MD ME MI MN 
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 17:27:20 -04:00

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---
type: "Bill"
title: "FINANCE-TECHNOLOGY ACCOUNT"
description: "Amends the Technology Development Act. Authorizes the State Treasurer to segregate up to 2% of the Treasurer's investment portfolio in the Technology Development Account IIa. Authorizes investments from the account to provide venture capital to help attract, assist, and retain quality technology businesses in Illinois. Contains provisions concerning soliciting proposals from entities to manage and be the General Partner of Technology Development Account IIb, consisting of investments from the private sector that must invest, at the direction of the Treasurer, in tandem with TDA IIa. Sets restrictions and conditions. Effective immediately."
jurisdiction: "us/states/il"
legislature: "Illinois General Assembly"
session: "96th"
identifier: "SB 3655"
citation: "Illinois SB 3655 (96th)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 3
action_count: 48
vote_count: 3
first_action: "2010-02-11"
last_action: "2010-06-23"
source: "openstates"
source_identifier: "ocd-bill/fa52d695-f02c-4245-b123-94600f268fd5"
source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=3655&GAID=10&DocTypeID=SB&LegId=51843&SessionID=76&GA=96"
source_hash: "727e0597dc378be7d9d40445f56ed6fbb1fa176400ef7ca28f68469d49573409"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-il"]
---
# Illinois SB 3655 (96th) — FINANCE-TECHNOLOGY ACCOUNT
Amends the Technology Development Act. Authorizes the State Treasurer to segregate up to 2% of the Treasurer's investment portfolio in the Technology Development Account IIa. Authorizes investments from the account to provide venture capital to help attract, assist, and retain quality technology businesses in Illinois. Contains provisions concerning soliciting proposals from entities to manage and be the General Partner of Technology Development Account IIb, consisting of investments from the private sector that must invest, at the direction of the Treasurer, in tandem with TDA IIa. Sets restrictions and conditions. Effective immediately.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **Introduced** (filed) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09600SB3655&GA=96&SessionId=76&DocTypeId=SB&LegID=51843&DocNum=3655&GAID=10&Session=&print=true)
2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09600SB3655eng&GA=96&SessionId=76&DocTypeId=SB&LegID=51843&DocNum=3655&GAID=10&Session=&print=true)
3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09600SB3655enr&GA=96&SessionId=76&DocTypeId=SB&LegID=51843&DocNum=3655&GAID=10&Session=&print=true)
## Votes
- Third Reading — **116–0** (pass) · lower
- Concurrence — **58–0** (pass) · upper
- Third Reading — **45–0** (pass) · upper
## Sponsors
- Dan Kotowski — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2010-02-11** Filed with Secretary by Sen. Dan Kotowski `filing`
- **2010-02-11** First Reading `reading-1`
- **2010-02-11** Referred to Assignments `referral-committee`
- **2010-02-24** Assigned to Commerce `referral-committee`
- **2010-02-25** Added as Co-Sponsor Sen. Deanna Demuzio
- **2010-03-04** Do Pass Commerce; 009-000-000 `committee-passage`
- **2010-03-04** Placed on Calendar Order of 2nd Reading March 9, 2010
- **2010-03-10** Added as Co-Sponsor Sen. Emil Jones, III
- **2010-03-10** Second Reading `reading-2`
- **2010-03-10** Placed on Calendar Order of 3rd Reading March 11, 2010
- **2010-03-12** Added as Co-Sponsor Sen. Heather Steans
- **2010-03-12** Added as Chief Co-Sponsor Sen. Dan Rutherford
- **2010-03-15** Added as Co-Sponsor Sen. Mike Jacobs
- **2010-03-15** Added as Co-Sponsor Sen. A. J. Wilhelmi
- **2010-03-15** Added as Co-Sponsor Sen. Linda Holmes
- **2010-03-15** Added as Co-Sponsor Sen. John M. Sullivan
- **2010-03-15** Added as Co-Sponsor Sen. Toi W. Hutchinson
- **2010-03-15** Added as Co-Sponsor Sen. Jacqueline Y. Collins
- **2010-03-15** Added as Co-Sponsor Sen. Terry Link
- **2010-03-15** Added as Co-Sponsor Sen. Ira I. Silverstein
- **2010-03-15** Third Reading - Passed; 045-000-000 `reading-3, passage`
- **2010-03-15** Arrived in House `introduction`
- **2010-03-15** Chief House Sponsor Rep. Barbara Flynn Currie
- **2010-03-15** Placed on Calendar Order of First Reading `reading-1`
- **2010-03-16** First Reading `reading-1`
- **2010-03-16** Referred to Rules Committee `referral-committee`
- **2010-04-28** Final Action Deadline Extended-9(b) May 7, 2010
- **2010-04-28** Assigned to Executive Committee `referral-committee`
- **2010-05-05** House Committee Amendment No. 1 Filed with Clerk by Executive Committee `amendment-introduction`
- **2010-05-05** House Committee Amendment No. 1 Adopted in Executive Committee; by Voice Vote `amendment-passage`
- **2010-05-05** Do Pass as Amended / Short Debate Executive Committee; 011-000-000 `committee-passage`
- **2010-05-05** Placed on Calendar 2nd Reading - Short Debate
- **2010-05-05** Second Reading - Short Debate `reading-2`
- **2010-05-05** Placed on Calendar Order of 3rd Reading - Short Debate
- **2010-05-06** Third Reading - Short Debate - Passed 116-000-000 `reading-3, passage`
- **2010-05-06** Secretary's Desk - Concurrence House Amendment(s) 1
- **2010-05-06** Placed on Calendar Order of Concurrence House Amendment(s) 1 - May 6, 2010
- **2010-05-06** Added Alternate Chief Co-Sponsor Rep. Robert F. Flider
- **2010-05-06** House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. Dan Kotowski `filing`
- **2010-05-06** House Committee Amendment No. 1 Motion to Concur Referred to Assignments `referral-committee`
- **2010-05-06** House Committee Amendment No. 1 Motion to Concur Assignments Referred to Executive `referral-committee`
- **2010-05-06** House Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Executive; 010-000-000
- **2010-05-06** House Committee Amendment No. 1 Senate Concurs 058-000-000
- **2010-05-06** Passed Both Houses
- **2010-06-04** Sent to the Governor `executive-receipt`
- **2010-06-23** Governor Approved `executive-signature`
- **2010-06-23** Effective Date June 23, 2010
- **2010-06-23** Public Act . . . . . . . . . 96-0937 `became-law`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/fa52d695-f02c-4245-b123-94600f268fd5`. Confidence: reported (aggregated from official Illinois legislature records).
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