Fabio
88 lines
5.0 KiB
Markdown
88 lines
5.0 KiB
Markdown
---
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type: "Bill"
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title: "IFA-VENTURE INVEST FUND LIMITS"
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description: "Amends the Illinois Finance Authority Act. Provides that the Illinois Finance Authority may (rather than shall) develop and maintain a list of firms located within the State that are available for purchase, merger, or acquisition. Provides that the Authority may (rather than shall) identify and study any laws or regulations that it finds handicaps or bars a needed health facility from participating in the benefits of the Act and may (rather than shall) recommend to the General Assembly actions to remedy any handicaps or bars to participation. Effective immediately."
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jurisdiction: "us/states/il"
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legislature: "Illinois General Assembly"
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session: "97th"
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identifier: "HB 5452"
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citation: "Illinois HB 5452 (97th)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: []
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version_count: 3
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action_count: 28
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vote_count: 2
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first_action: "2012-02-09"
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last_action: "2012-07-13"
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source: "openstates"
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source_identifier: "ocd-bill/8ba6e3fa-ea52-4b9d-b59d-513d81e54982"
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source_url: "http://ilga.gov/legislation/BillStatus.asp?DocNum=5452&GAID=11&DocTypeID=HB&LegId=65744&SessionID=84&GA=97"
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source_hash: "f6b9e4e53a7cd5bf0b40d151d2a036fede3f3f027bbbe0cae13f852a057d3df2"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-il"]
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---
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# Illinois HB 5452 (97th) — IFA-VENTURE INVEST FUND LIMITS
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Amends the Illinois Finance Authority Act. Provides that the Illinois Finance Authority may (rather than shall) develop and maintain a list of firms located within the State that are available for purchase, merger, or acquisition. Provides that the Authority may (rather than shall) identify and study any laws or regulations that it finds handicaps or bars a needed health facility from participating in the benefits of the Act and may (rather than shall) recommend to the General Assembly actions to remedy any handicaps or bars to participation. Effective immediately.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Introduced** (filed) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09700HB5452&GA=97&SessionId=84&DocTypeId=HB&LegID=65744&DocNum=5452&GAID=11&Session=&print=true)
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2. **Engrossed** (committee substitute) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09700HB5452eng&GA=97&SessionId=84&DocTypeId=HB&LegID=65744&DocNum=5452&GAID=11&Session=&print=true)
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3. **Enrolled** (enrolled) — [source](http://ilga.gov/legislation/fulltext.asp?DocName=09700HB5452enr&GA=97&SessionId=84&DocTypeId=HB&LegID=65744&DocNum=5452&GAID=11&Session=&print=true)
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## Votes
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- Third Reading — **108–0** (pass) · lower
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- Third Reading — **56–0** (pass) · upper
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## Sponsors
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- Robyn Gabel — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2012-02-09** Filed with the Clerk by Rep. Robyn Gabel `filing`
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- **2012-02-15** First Reading `reading-1`
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- **2012-02-15** Referred to Rules Committee `referral-committee`
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- **2012-02-27** Assigned to State Government Administration Committee `referral-committee`
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- **2012-03-07** Do Pass / Short Debate State Government Administration Committee; 018-000-000 `committee-passage`
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- **2012-03-09** Placed on Calendar 2nd Reading - Short Debate
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- **2012-03-09** Added Co-Sponsor Rep. Monique D. Davis
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- **2012-03-22** Second Reading - Short Debate `reading-2`
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- **2012-03-22** Placed on Calendar Order of 3rd Reading - Short Debate
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- **2012-03-23** Third Reading - Consideration Postponed `reading-3`
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- **2012-03-23** Placed on Calendar - Consideration Postponed
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- **2012-03-29** Third Reading - Short Debate - Passed 108-000-000 `reading-3, passage`
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- **2012-03-30** Arrive in Senate `introduction`
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- **2012-03-30** Placed on Calendar Order of First Reading `reading-1`
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- **2012-03-30** Chief Senate Sponsor Sen. John G. Mulroe
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- **2012-03-30** First Reading `reading-1`
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- **2012-03-30** Referred to Assignments `referral-committee`
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- **2012-04-11** Assigned to State Government and Veterans Affairs `referral-committee`
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- **2012-04-19** Do Pass State Government and Veterans Affairs; 005-000-000 `committee-passage`
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- **2012-04-19** Placed on Calendar Order of 2nd Reading April 24, 2012
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- **2012-05-02** Second Reading `reading-2`
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- **2012-05-02** Placed on Calendar Order of 3rd Reading May 3, 2012
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- **2012-05-22** Third Reading - Passed; 056-000-000 `reading-3, passage`
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- **2012-05-22** Passed Both Houses
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- **2012-06-20** Sent to the Governor `executive-receipt`
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- **2012-07-13** Governor Approved `executive-signature`
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- **2012-07-13** Effective Date July 13, 2012
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- **2012-07-13** Public Act . . . . . . . . . 97-0789 `became-law`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/8ba6e3fa-ea52-4b9d-b59d-513d81e54982`. Confidence: reported (aggregated from official Illinois legislature records).
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