IL HB1323 | 2025-2026 | 104th General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 14 2025 - 25% progression
Action: 2025-01-14 - Filed with the Clerk by Rep. Dan Ugaste
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 14 2025 - 25% progression
Action: 2025-01-14 - Filed with the Clerk by Rep. Dan Ugaste
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Bond Authorization Act. Provides that the authority of a public corporation to levy taxes in connection with the payment of bonds or other evidences of indebtedness ceases upon the maturity date of the bond or other evidence of indebtedness or upon the discharge of the debt, whichever comes first. Effective immediately.
Title
BOND AUTH-NO ROLLOVER
Sponsors
| Rep. Dan Ugaste [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2025-01-14 | House | Filed with the Clerk by Rep. Dan Ugaste |
Code Citations
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1323&GAID=18&DocTypeID=HB&SessionID=114&GA=104 |
| Text | https://www.ilga.gov/legislation/104/HB/10400HB1323.htm |
