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

Student Investment Account Act

IDEA CATAGORY: Education | FUNDING SOURCE: ARP

The Sustainable Investing Act

IDEA CATAGORY: Climate Change | FUNDING SOURCE: ARP