IL HB5830 | 2021-2022 | 102nd General Assembly

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on October 27 2022 - 25% progression, died in committee
Action: 2022-11-16 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the School Code. In a Section concerning the debt limitations of school districts, provides that, in addition to all other authority to issue bonds, Alden-Hebron School District 19 may issue bonds with an aggregate principal amount not to exceed $15,930,000 if specified conditions are met. Provides that the debt incurred on the bonds shall not be considered indebtedness for purposes of any statutory debt limitation. Effective immediately.

Tracking Information

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Title

SCH CD-ALDEN-HEBRON BOND ISSUE

Sponsors


History

DateChamberAction
2022-11-16HouseReferred to Rules Committee
2022-11-16HouseFirst Reading
2022-10-27HouseFiled with the Clerk by Rep. Steven Reick

Code Citations

ChapterArticleSectionCitation TypeStatute Text
105519-1Amended CodeCitation Text

Illinois State Sources


Bill Comments

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