Illinois Senate Bill 1506 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on January 13 2015 - 100% progression
Action: 2015-01-13 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Amends the Hospital Basic Services Preservation Act. Provides that if the State Treasurer determines that any public moneys in the Hospital Basic Services Preservation Fund are no longer necessary to collateralize loans from financial institutions, then the Treasurer may transfer any unobligated and unexpended moneys from the Hospital Basic Services Preservation Fund into the General Revenue Fund. Further provides that if all amounts from every collateralization of basic service loans from eligible expenses related to completing, attaining, or upgrading basic services under existing agreements have been returned to the Hospital Basic Services Preservation Fund and have been transferred by the State Treasurer into the General Revenue Fund, the Treasurer shall file a declaration with the Index Department of the Office of the Secretary of State. Contains a repealer provision. Amends the State Finance Act. Repeals a provision that creates the Hospital Basic Services Preservation Fund in the State Treasury once the Hospital Basic Services Preservation Act is repealed. Effective immediately.

HOSPITAL BASIC SERVICES FUND

Sen. Emil Jones [D]

Date	Chamber	Action
2015-01-13	Senate	Session Sine Die
2013-03-22	Senate	Rule 3-9(a) / Re-referred to Assignments
2013-03-20	Senate	Postponed - State Government and Veterans Affairs
2013-03-13	Senate	Postponed - State Government and Veterans Affairs
2013-03-06	Senate	Postponed - State Government and Veterans Affairs
2013-02-28	Senate	Postponed - State Government and Veterans Affairs
2013-02-14	Senate	Assigned to State Government and Veterans Affairs
2013-02-07	Senate	Referred to Assignments
2013-02-07	Senate	First Reading
2013-02-07	Senate	Filed with Secretary by Sen. Emil Jones, III

Chapter	Article	Section	Citation Type	Statute Text
20	4050	10	Amended Code	Citation Text
20	4050	30	New Code	See Bill Text
30	105	5.659	Repealed Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1506&GAID=12&DocTypeID=SB&SessionID=85&GA=98
Text	https://www.ilga.gov/legislation/98/SB/09800SB1506.htm