IL HB4992 | 2015-2016 | 99th General Assembly

Status

Spectrum: Bipartisan Bill
Status: Introduced on February 8 2016 - 25% progression, died in committee
Action: 2016-03-08 - Removed Co-Sponsor Rep. John D. Anthony
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the General Obligation Bond Act. Provides that the unused portion of federal funds received for or as reimbursement for a capital facilities project (currently, the unused portion of federal funds received for a capital facilities project) shall remain in the Capital Development Board Contributory Trust Fund. Removes a provision providing that any federal funds received as reimbursement for the completed construction of a capital improvement project shall be deposited in the Capital Development Bond Retirement and Interest Fund. Amends the Capital Development Bond Act of 1972. Makes conforming changes. Effective immediately.

Tracking Information

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Title

CDB-FEDERAL FUNDS

Sponsors


History

DateChamberAction
2016-03-08HouseRemoved Co-Sponsor Rep. John D. Anthony
2016-03-08HouseAdded Chief Co-Sponsor Rep. John D. Anthony
2016-03-03HouseAdded Co-Sponsor Rep. John D. Anthony
2016-03-03HouseAdded Co-Sponsor Rep. Robert Martwick
2016-03-03HouseAdded Co-Sponsor Rep. John M. Cabello
2016-03-03HouseAdded Chief Co-Sponsor Rep. William Davis
2016-02-11HouseAdded Chief Co-Sponsor Rep. Anthony DeLuca
2016-02-08HouseReferred to Rules Committee
2016-02-08HouseFirst Reading
2016-02-08HouseFiled with the Clerk by Rep. Tim Butler

Code Citations

ChapterArticleSectionCitation TypeStatute Text
3033015Amended CodeCitation Text
304209aAmended CodeCitation Text

Illinois State Sources


Bill Comments

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