IL SB1430 | 2013-2014 | 98th General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 3-0)
Status: Passed on August 23 2013 - 100% progression
Action: 2013-08-23 - Public Act . . . . . . . . . 98-0525
Text: Latest bill text (Chaptered) [HTML]
Spectrum: Partisan Bill (Republican 3-0)
Status: Passed on August 23 2013 - 100% progression
Action: 2013-08-23 - Public Act . . . . . . . . . 98-0525
Text: Latest bill text (Chaptered) [HTML]
Summary
Amends the Counties Code. Provides that the county board of a county may borrow money for county purposes from one fund for the use of another fund, as long as it is repaid within the current fiscal year. Provides that the county board of a county may borrow money from any bank or financial institution, provided that the money shall be repaid within 10 years from the time the money is borrowed. Sets forth requirements concerning the documentation of the loan. Prohibits the indebtedness incurred, when aggregated with the existing indebtedness of the county, from exceeding the debt limitation otherwise provided for by law. Defines "financial institution". Effective immediately.
Title
COUNTIES CD-BORROWING MONEY
Sponsors
Roll Calls
2013-05-28 - Senate - Concurrence in Senate (Y: 55 N: 2 NV: 2 Abs: 0) [PASS]
2013-05-15 - House - Third Reading in House (Y: 88 N: 23 NV: 4 Abs: 0) [PASS]
2013-04-11 - Senate - Third Reading in Senate (Y: 50 N: 1 NV: 8 Abs: 0) [PASS]
2013-05-15 - House - Third Reading in House (Y: 88 N: 23 NV: 4 Abs: 0) [PASS]
2013-04-11 - Senate - Third Reading in Senate (Y: 50 N: 1 NV: 8 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2013-08-23 | Senate | Public Act . . . . . . . . . 98-0525 |
2013-08-23 | Senate | Effective Date August 23, 2013 |
2013-08-23 | Senate | Governor Approved |
2013-06-26 | Senate | Sent to the Governor |
2013-05-28 | Senate | Passed Both Houses |
2013-05-28 | Senate | House Floor Amendment No. 2 Senate Concurs 055-002-000 |
2013-05-24 | Senate | House Floor Amendment No. 2 Motion To Concur Recommended Do Adopt Local Government; 010-000-000 |
2013-05-23 | Senate | House Floor Amendment No. 2 Motion to Concur Assignments Referred to Local Government |
2013-05-22 | Senate | House Floor Amendment No. 2 Motion to Concur Referred to Assignments |
2013-05-22 | Senate | House Floor Amendment No. 2 Motion to Concur Filed with Secretary Sen. Dave Syverson |
2013-05-15 | Senate | Placed on Calendar Order of Concurrence House Amendment(s) 2 - May 16, 2013 |
2013-05-15 | Senate | Secretary's Desk - Concurrence House Amendment(s) 2 |
2013-05-15 | House | Third Reading - Short Debate - Passed 088-023-002 |
2013-05-09 | House | Placed on Calendar Order of 3rd Reading - Short Debate |
2013-05-09 | House | House Floor Amendment No. 2 Adopted |
2013-05-09 | House | House Floor Amendment No. 1 Withdrawn by Rep. John M. Cabello |
2013-05-09 | House | Second Reading - Short Debate |
2013-05-08 | House | House Floor Amendment No. 2 Recommends Be Adopted Rules Committee; 005-000-000 |
2013-05-08 | House | House Floor Amendment No. 1 Recommends Be Adopted Rules Committee; 005-000-000 |
2013-05-07 | House | House Floor Amendment No. 2 Referred to Rules Committee |
2013-05-07 | House | House Floor Amendment No. 2 Filed with Clerk by Rep. John M. Cabello |
2013-05-07 | House | House Floor Amendment No. 1 Referred to Rules Committee |
2013-05-07 | House | House Floor Amendment No. 1 Filed with Clerk by Rep. John M. Cabello |
2013-05-02 | House | Placed on Calendar 2nd Reading - Short Debate |
2013-05-02 | House | Do Pass / Short Debate Counties & Townships Committee; 004-000-000 |
2013-04-24 | House | Assigned to Counties & Townships Committee |
2013-04-12 | House | Referred to Rules Committee |
2013-04-12 | House | First Reading |
2013-04-12 | House | Chief House Sponsor Rep. John M. Cabello |
2013-04-11 | House | Arrived in House |
2013-04-11 | Senate | Third Reading - Passed; 050-001-000 |
2013-03-01 | Senate | Placed on Calendar Order of 3rd Reading March 5, 2013 |
2013-03-01 | Senate | Second Reading |
2013-02-28 | Senate | Added as Co-Sponsor Sen. Wm. Sam McCann |
2013-02-28 | Senate | Placed on Calendar Order of 2nd Reading March 1, 2013 |
2013-02-28 | Senate | Do Pass Local Government; 013-000-000 |
2013-02-14 | Senate | Assigned to Local Government |
2013-02-06 | Senate | Referred to Assignments |
2013-02-06 | Senate | First Reading |
2013-02-06 | Senate | Filed with Secretary by Sen. Dave Syverson |