IL HB5572 | 2017-2018 | 100th General Assembly
Status
Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on February 16 2018 - 25% progression, died in chamber
Action: 2018-04-27 - Added Chief Co-Sponsor Rep. Allen Skillicorn
Text: Latest bill text (Engrossed) [HTML]
Status: Introduced on February 16 2018 - 25% progression, died in chamber
Action: 2018-04-27 - Added Chief Co-Sponsor Rep. Allen Skillicorn
Text: Latest bill text (Engrossed) [HTML]
Summary
Creates the School District Debt Control and Taxpayer Protection Act. 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. Sets forth provisions calculating and establishing a debt limit and prohibiting new debt. Requires specified bond referendum and bond issuance information to be provided. Effective immediately.
Title
SCHOOL DISTRICT DEBT CONTROL
Sponsors
Roll Calls
2018-04-27 - House - Third Reading in House (Y: 13 N: 77 NV: 8 Abs: 4) [FAIL]
History
| Date | Chamber | Action |
|---|---|---|
| 2018-04-27 | House | Added Chief Co-Sponsor Rep. Allen Skillicorn |
| 2018-04-27 | House | Third Reading - Short Debate - Lost 013-077-001 |
| 2018-04-27 | House | Placed on Calendar Order of 3rd Reading - Short Debate |
| 2018-04-27 | House | House Floor Amendment No. 1 Adopted |
| 2018-04-26 | House | House Floor Amendment No. 1 Recommends Be Adopted Elementary & Secondary Education: Licensing, Administration & Oversight; 009-000-000 |
| 2018-04-25 | House | Held on Calendar Order of Second Reading - Short Debate |
| 2018-04-25 | House | Second Reading - Short Debate |
| 2018-04-25 | House | House Floor Amendment No. 1 Rules Refers to Elementary & Secondary Education: Licensing, Administration & Oversight |
| 2018-04-23 | House | House Floor Amendment No. 1 Referred to Rules Committee |
| 2018-04-23 | House | House Floor Amendment No. 1 Filed with Clerk by Rep. Jeanne M Ives |
| 2018-04-10 | House | Placed on Calendar 2nd Reading - Short Debate |
| 2018-04-10 | House | Do Pass / Short Debate Elementary & Secondary Education: Licensing, Administration & Oversight; 009-000-000 |
| 2018-03-21 | House | Assigned to Elementary & Secondary Education: Licensing, Administration & Oversight |
| 2018-02-16 | House | Referred to Rules Committee |
| 2018-02-16 | House | First Reading |
| 2018-02-16 | House | Filed with the Clerk by Rep. Jeanne M Ives |
