IL SB2112 | 2019-2020 | 101st General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on January 13 2021 - 100% progression
Action: 2021-01-13 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the School Code. Provides that, in addition to all other authority to issue bonds, Komarek School District 94 may issue bonds with an aggregate principal amount not to exceed $22,000,000 if certain conditions are met. Provides that the debt incurred on any bonds issued and on any bonds issued to refund or continue to refund those bonds may not be considered indebtedness for purposes of any statutory debt limitation and must mature within 30 years from their date of issuance. Effective immediately.

Tracking Information

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Title

SCH CD-BONDS-KOMAREK DISTRICT

Sponsors


History

DateChamberAction
2021-01-13SenateSession Sine Die
2019-04-12SenateRule 3-9(a) / Re-referred to Assignments
2019-03-20SenatePlaced on Calendar Order of 3rd Reading March 21, 2019
2019-03-20SenateSecond Reading
2019-03-12SenatePlaced on Calendar Order of 2nd Reading March 13, 2019
2019-03-12SenateDo Pass Education; 015-000-000
2019-03-05SenateAssigned to Education
2019-02-15SenateReferred to Assignments
2019-02-15SenateFirst Reading
2019-02-15SenateFiled with Secretary by Sen. Kimberly A. Lightford

Code Citations

ChapterArticleSectionCitation TypeStatute Text
105519-1Amended CodeCitation Text

Illinois State Sources


Bill Comments

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