IL HB4214 | 2015-2016 | 99th General Assembly

Status

Sponsorship: Partisan Bill (Republican 8)
Status: Introduced on May 11 2015 - 25% progression, died in committee
Action: 2015-05-26 - Removed Co-Sponsor Rep. David McSweeney
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Creates the Local Government Bankruptcy Neutral Evaluation Act. Makes legislative findings. Defines terms. Authorizes a local public entity to initiate a neutral evaluation process if that entity is unable to meet its financial obligations. Provides for the selection and qualification of an evaluator, the evaluation process, cessation of an evaluation, declaration of a fiscal emergency, and definition of liabilities. Provides that records prepared for or used in connection with the Local Government Bankruptcy Neutral Evaluation Act are exempt from disclosure. Amends the Open Meetings Act. Provides that a public body may hold closed meetings related to the Local Government Bankruptcy Neutral Evaluation Act. Amends the Freedom of Information Act. Makes conforming changes.

Tracking Information

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Title

LOCAL GOV BANKRUPTCY NEUT EVAL

Sponsors


History

DateChamberAction
2015-05-26HouseRemoved Co-Sponsor Rep. David McSweeney
2015-05-26HouseAdded Co-Sponsor Rep. David McSweeney
2015-05-26HouseAdded Co-Sponsor Rep. Dwight Kay
2015-05-26HouseAdded Co-Sponsor Rep. Ed Sullivan
2015-05-26HouseAdded Co-Sponsor Rep. Margo McDermed
2015-05-25HouseAdded Chief Co-Sponsor Rep. Jeanne M Ives
2015-05-25HouseAdded Chief Co-Sponsor Rep. Joe Sosnowski
2015-05-25HouseAdded Chief Co-Sponsor Rep. Steven A. Andersson
2015-05-25HouseAdded Chief Co-Sponsor Rep. Jim Durkin
2015-05-12HouseReferred to Rules Committee
2015-05-12HouseFirst Reading
2015-05-11HouseFiled with the Clerk by Rep. Ron Sandack

Code Citations

ChapterArticleSectionCitation TypeStatute Text
51202Amended CodeCitation Text
51407.5Amended CodeCitation Text

Illinois State Sources


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