State of Illinois
91st General Assembly
Legislation

   [ Search ]   [ Legislation ]
[ Home ]   [ Back ]   [ Bottom ]

[ Introduced ][ Enrolled ][ House Amendment 001 ]
[ Senate Amendment 001 ][ Senate Amendment 002 ][ Conference Committee Report 001 ]

91_SB0834eng

 
SB834 Engrossed                                LRB9106023MWpk

 1        AN ACT concerning research parks.

 2        Be  it  enacted  by  the People of the State of Illinois,
 3    represented in the General Assembly:

 4        Section 5.  The Illinois Research Park Authority  Act  is
 5    amended by changing Section 1-20 as follows:

 6        (20 ILCS 3850/1-20)
 7        Sec. 1-20.  Members of Authority; terms; vacancies.
 8        (a)  The  governing  and  administrative  powers  of  the
 9    Authority  shall  be  vested  in  a  body  consisting  of 9 7
10    members, to be appointed by the Governor, with the advice and
11    consent of the Senate.  All of the members shall be residents
12    of the State.  All  of  the  members  shall  have  recognized
13    ability and experience in one or more of the following areas:
14    higher  education,  research  and  development,  science  and
15    technology,    economic    development,   finance,   banking,
16    industrial   development,    business    administration    or
17    management,  real  estate development, community development,
18    venture finance, organized labor,  or  civic,  community,  or
19    neighborhood  organization.   A Chairman and Vice Chairman of
20    the Board shall be elected by the Board annually  from  among
21    its members.
22        (b)  The terms of all members of the Board shall begin 30
23    days  after  the  effective date of this Act.  Of the members
24    initially appointed by the Governor, 3 shall serve until  the
25    third  Monday in January, 1996, 2 shall serve until the third
26    Monday in January, 1997, and 2 shall serve  until  the  third
27    Monday in January, 1998.  Each successor shall hold office of
28    a  term  of 4 years commencing the third Monday in January of
29    the year in which his or her term commences, except  in  case
30    of an appointment to fill a vacancy.  In case of vacancy when
31    the  Senate  is  not  in  session,  the  Governor  may make a
 
SB834 Engrossed             -2-                LRB9106023MWpk
 1    temporary appointment until the next meeting  of  the  Senate
 2    when  a person shall be nominated to fill the office, and any
 3    person so nominated who is confirmed by the Senate shall hold
 4    office during the remainder of the term and until a successor
 5    is appointed and qualified.
 6    (Source: P.A. 88-669, eff. 11-29-94.)

[ Top ]