IL HB4494 | 2019-2020 | 101st General Assembly
Status
Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on February 4 2020 - 25% progression, died in committee
Action: 2020-06-23 - Rule 19(b) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 4 2020 - 25% progression, died in committee
Action: 2020-06-23 - Rule 19(b) / Re-referred to Rules Committee
Pending: House Rules Committee
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
History
| Date | Chamber | Action |
|---|---|---|
| 2020-06-23 | House | Rule 19(b) / Re-referred to Rules Committee |
| 2020-03-12 | House | Assigned to Revenue & Finance Committee |
| 2020-03-04 | House | Added Co-Sponsor Rep. Norine K. Hammond |
| 2020-02-04 | House | Referred to Rules Committee |
| 2020-02-04 | House | First Reading |
| 2020-02-04 | 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=4494&GAID=15&DocTypeID=HB&SessionID=108&GA=101 |
| Text | https://www.ilga.gov/legislation/101/HB/10100HB4494.htm |
