Ideas

Mike Frerichs
Treasurer | Illinois

Infrastructure Development Account

Idea Category: 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 Category: Smart Government | Funding Source: ARP

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Student Investment Account Act

Idea Category: Education | Funding Source: ARP

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The Sustainable Investing Act

Idea Category: Climate Change | Funding Source: ARP

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