Comments: IL SB1937 | 2019-2020 | 101st General Assembly

Bill Title: Reinserts the provisions of the bill as amended by House Amendment No. 1 with the following changes. In a Section concerning the debt limitations of school districts, adds language providing that, in addition to all other authority to issue bonds, Greenview Community Unit School District 200, Williamsville Community Unit School District 15, Elmwood Park Community Unit School District 401, and Maroa-Forsyth Community Unit School District 2 may issue bonds if the voters of those districts approve a proposition for the bond issuance and certain conditions are met. Provides that the debt incurred on the bonds shall not be considered indebtedness for purposes of any statutory debt limitation. Effective immediately.

Spectrum: Partisan Bill (Democrat 12-0)

Status: (Passed) 2020-06-26 - Public Act . . . . . . . . . 101-0646 [SB1937 Detail]

Text: Latest bill text (Chaptered) [HTML]

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