Illinois House Bill 459 (Prior Session Legislation)

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Spectrum: Bipartisan Bill
Status: Introduced on January 13 2017 - 25% progression, died in chamber
Action: 2017-04-27 - Third Reading - Short Debate - Lost 043-070-000
Text: Latest bill text (Engrossed) [HTML]

Creates the School District Debt Control and Taxpayer Protection Act, and amends the School Code. Provides that a school district may not refinance debt past the repayment period of the debt when issued, may not issue debt to be serviced over a period of greater than 20 years, and may not issue capital appreciation bonds. Provides that school districts may not be indebted in an amount greater than that indicated in the Act and if a school district does exceed the debt limitation, then the school district many not incur any new debt until the school district's debt is lower than the debt limitation. Effective immediately.

DEBT CONTROL-TAXPYR PROTECTION

Rep. Jeanne Ives [R]	Rep. Allen Skillicorn [R]	Rep. Sam Yingling [D]	Rep. Thomas Morrison [R]
Rep. Martin Moylan [D]

2017-04-27 - House - Third Reading in House (Y: 43 N: 70 NV: 4 Abs: 0) [FAIL]

Date	Chamber	Action
2017-04-27	House	Third Reading - Short Debate - Lost 043-070-000
2017-04-27	House	Added Chief Co-Sponsor Rep. Sam Yingling
2017-04-27	House	Added Co-Sponsor Rep. Martin J. Moylan
2017-04-26	House	Placed on Calendar Order of 3rd Reading - Short Debate
2017-04-26	House	House Floor Amendment No. 3 Adopted
2017-04-26	House	Second Reading - Short Debate
2017-04-26	House	House Floor Amendment No. 3 Recommends Be Adopted Elementary & Secondary Education: Licensing, Administration & Oversight; 008-000-000
2017-04-24	House	House Floor Amendment No. 3 Rules Refers to Elementary & Secondary Education: Licensing, Administration & Oversight
2017-04-21	House	House Floor Amendment No. 3 Referred to Rules Committee
2017-04-21	House	House Floor Amendment No. 3 Filed with Clerk by Rep. Jeanne M Ives
2017-03-22	House	Placed on Calendar 2nd Reading - Short Debate
2017-03-22	House	House Committee Amendment No. 1 Tabled Pursuant to Rule 40
2017-03-22	House	Do Pass as Amended / Short Debate Elementary & Secondary Education: Licensing, Administration & Oversight; 009-000-000
2017-03-22	House	House Committee Amendment No. 2 Adopted in Elementary & Secondary Education: Licensing, Administration & Oversight; by Voice Vote
2017-03-21	House	House Committee Amendment No. 2 Rules Refers to Elementary & Secondary Education: Licensing, Administration & Oversight
2017-03-16	House	House Committee Amendment No. 2 Referred to Rules Committee
2017-03-16	House	House Committee Amendment No. 2 Filed with Clerk by Rep. Jeanne M Ives
2017-02-16	House	Removed Co-Sponsor Rep. Thomas Morrison
2017-02-16	House	Added Chief Co-Sponsor Rep. Thomas Morrison
2017-02-14	House	House Committee Amendment No. 1 Referred to Rules Committee
2017-02-14	House	House Committee Amendment No. 1 Filed with Clerk by Rep. Jeanne M Ives
2017-02-09	House	Added Co-Sponsor Rep. Thomas Morrison
2017-02-08	House	Added Chief Co-Sponsor Rep. Allen Skillicorn
2017-02-02	House	Assigned to Elementary & Secondary Education: Licensing, Administration & Oversight
2017-01-17	House	Referred to Rules Committee
2017-01-17	House	First Reading
2017-01-13	House	Filed with the Clerk by Rep. Jeanne M Ives

Chapter	Article	Section	Citation Type	Statute Text
105	5	19-32	New Code	See Bill Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=459&GAID=14&DocTypeID=HB&SessionID=91&GA=100
Text	https://www.ilga.gov/legislation/100/HB/10000HB0459.htm
Text	https://www.ilga.gov/legislation/100/HB/10000HB0459eng.htm
Amendment	https://www.ilga.gov/legislation/100/HB/10000HB0459ham001.htm
Amendment	https://www.ilga.gov/legislation/100/HB/10000HB0459ham002.htm
Amendment	https://www.ilga.gov/legislation/100/HB/10000HB0459ham003.htm
Roll Call	https://www.ilga.gov/legislation/votehistory/100/house/10000HB0459_04272017_015000T.pdf