Ideas

Mike Frerichs
Treasurer | Statewide, IL

Infrastructure Development Account

IDEA CATAGORY: Jobs and Entrepreneurship

Problem

 Illinois infrastructure, like many states across the country, has a long list of infrastructure needs. 

Solution

The Infrastructure Development Account (IDA) allows the State Treasurer to invest up to 5% of the State Portfolio in Illinois infrastructure development projects with Illinois infrastructure development firms. The State will be able to provide development capital to revenue-producing projects that will benefit Illinois citizens while strengthening the State Investment Portfolio.

More Idea’s from Mike Frerichs

Raising The Bar: Treasurer Frerichs’ Responsible Investing Platform

IDEA CATAGORY: Smart Government | FUNDING SOURCE: ARP

LEARN MORE

Student Investment Account Act

IDEA CATAGORY: Education | FUNDING SOURCE: ARP

LEARN MORE

The Sustainable Investing Act

IDEA CATAGORY: Climate Change | FUNDING SOURCE: ARP

LEARN MORE

Subscribe

Recent News

Snapshot: Five Michigan Success Stories from the American Rescue Plan

In May, NewDEAL Leaders will head to Detroit for our annual Ideas…
LEARN MORE

Democracy only persists if we work to maintain it

In 2020 and 2022, our democracy held firm against a wave of authoritarian forces, but...
LEARN MORE

American Rescue Plan Two Years Later

Signed into law two years ago on March 11, 2021, the American Rescue Plan Act...
LEARN MORE

Snapshot: Five Ways States Can Make Voting from Home Easier

Though the 2024 election is nearly two years away, now is the ideal time for...
LEARN MORE

Establishing a Public Bank in the City of PhiladelphiaInnovation Alabama State Matching Funds Award