IL SB1906 | 2009-2010 | 96th General Assembly

Status

Completed Legislative Action
Spectrum: Slight Partisan Bill (Democrat 11-5)
Status: Passed on July 29 2009 - 100% progression
Action: 2009-07-29 - Public Act . . . . . . . . . 96-0103
Text: Latest bill text (Enrolled) [HTML]

Summary

Amends the Illinois Finance Authority Act. Provides that the Act applies to certain projects located outside of the State, if the project involves property or facilities that are owned, operated, leased, or managed by an entity located within the State. Sets forth criteria for approving out-of-State projects. Provides that the Authority shall not provide financing for any project, or portion of a project, located outside of the United States. Provides that the Authority shall not provide financing that constitutes an indebtedness of the State for any project, or portion of a project, located outside of the State. Provides that the Illinois Finance Authority may approve an application to finance or refinance a project located outside of the State only if the Authority has the ability to issue at least another $1,000,000,000 of bonds after giving effect to the financing or refinancing or the out-of-state project. Proposes that the Authority shall not provide financing that uses State volume cap under Section 146 of the Internal Revenue Code of 1986 for a project located outside of the State. Effective immediately.

Tracking Information

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Title

FINANCE AUTHORITY-PROJECTS

Sponsors


Roll Calls

2009-05-30 - Senate - Concurrence in Senate (Y: 47 N: 0 NV: 7 Abs: 0) [PASS]
2009-05-28 - House - Third Reading in House (Y: 118 N: 0 NV: 0 Abs: 0) [PASS]
2009-04-02 - Senate - Third Reading in Senate (Y: 53 N: 0 NV: 1 Abs: 0) [PASS]

History

DateChamberAction
2009-07-29 Public Act . . . . . . . . . 96-0103
2009-07-29 Effective Date January 1, 2010
2009-07-29 Governor Approved
2009-06-26 Sent to the Governor
2009-05-30 Passed Both Houses
2009-05-30 House Floor Amendment No. 3 Senate Concurs 052-000-001
2009-05-30 Added as Co-Sponsor Sen. Emil Jones, III
2009-05-30 Added as Co-Sponsor Sen. Donne E. Trotter
2009-05-29 Added as Co-Sponsor Sen. Dale E. Risinger
2009-05-29 Added as Co-Sponsor Sen. James F. Clayborne, Jr.
2009-05-29 Added as Co-Sponsor Sen. Martin A. Sandoval
2009-05-29 Added as Co-Sponsor Sen. John M. Sullivan
2009-05-29 Added as Co-Sponsor Sen. Jacqueline Y. Collins
2009-05-29 Added as Co-Sponsor Sen. John O. Jones
2009-05-29 Added as Co-Sponsor Sen. Dale A. Righter
2009-05-29 Added as Co-Sponsor Sen. Gary G. Dahl
2009-05-29 House Floor Amendment No. 3 Motion To Concur Recommended Do Adopt Energy; 011-000-000
2009-05-29 Added as Co-Sponsor Sen. Gary Forby
2009-05-29 House Floor Amendment No. 3 Motion to Concur Assignments Referred to Energy
2009-05-29 Added as Chief Co-Sponsor Sen. Michael W. Frerichs
2009-05-29 Added as Chief Co-Sponsor Sen. A. J. Wilhelmi
2009-05-29 Added as Chief Co-Sponsor Sen. Mike Jacobs
2009-05-28 House Floor Amendment No. 3 Motion to Concur Referred to Assignments
2009-05-28 House Floor Amendment No. 3 Motion to Concur Filed with Secretary Sen. David Koehler
2009-05-28 Placed on Calendar Order of Concurrence House Amendment(s) 3 - May 29, 2009
2009-05-28 Secretary's Desk - Concurrence House Amendment(s) 3
2009-05-28 Added Alternate Co-Sponsor Rep. Donald L. Moffitt
2009-05-28 House Floor Amendment No. 1 Tabled Pursuant to Rule 40(a)
2009-05-28 Third Reading - Short Debate - Passed 118-000-000
2009-05-28 Placed on Calendar Order of 3rd Reading - Short Debate
2009-05-28 House Floor Amendment No. 3 Adopted by Voice Vote
2009-05-27 House Floor Amendment No. 3 Recommends Be Adopted State Government Administration Committee; 012-000-000
2009-05-26 Held on Calendar Order of Second Reading - Short Debate
2009-05-26 House Floor Amendment No. 2 Withdrawn by Rep. William B. Black
2009-05-26 Recalled to Second Reading - Short Debate
2009-05-26 House Floor Amendment No. 3 Rules Refers to State Government Administration Committee
2009-05-22 Final Action Deadline Extended-9(b) May 29, 2009
2009-05-22 House Floor Amendment No. 3 Referred to Rules Committee
2009-05-22 House Floor Amendment No. 3 Filed with Clerk by Rep. William B. Black
2009-05-21 Chief Sponsor Changed to Sen. David Koehler
2009-05-19 House Floor Amendment No. 2 Recommends Be Adopted State Government Administration Committee; 017-000-000
2009-05-19 Added Alternate Chief Co-Sponsor Rep. Deborah L. Graham
2009-05-19 House Floor Amendment No. 2 Rules Refers to State Government Administration Committee
2009-05-19 Alternate Co-Sponsor Removed Rep. Robert F. Flider
2009-05-19 Alternate Co-Sponsor Removed Rep. Mark L. Walker
2009-05-19 Alternate Co-Sponsor Removed Rep. Paul D. Froehlich
2009-05-19 House Floor Amendment No. 2 Referred to Rules Committee
2009-05-19 House Floor Amendment No. 2 Filed with Clerk by Rep. William B. Black
2009-05-18 Added Alternate Co-Sponsor Rep. William D. Burns
2009-05-18 Added Alternate Co-Sponsor Rep. Michael K. Smith
2009-05-18 Added Alternate Co-Sponsor Rep. Patrick J. Verschoore
2009-05-18 House Floor Amendment No. 1 Rules Refers to State Government Administration Committee
2009-05-18 Added Alternate Chief Co-Sponsor Rep. Thomas Holbrook
2009-05-18 Added Alternate Co-Sponsor Rep. Robert F. Flider
2009-05-18 Added Alternate Co-Sponsor Rep. Jay C. Hoffman
2009-05-18 Added Alternate Co-Sponsor Rep. Mark L. Walker
2009-05-18 Added Alternate Co-Sponsor Rep. LaShawn K. Ford
2009-05-18 Added Alternate Co-Sponsor Rep. Greg Harris
2009-05-18 Added Alternate Co-Sponsor Rep. Michael J. Zalewski
2009-05-18 Added Alternate Co-Sponsor Rep. Brandon W. Phelps
2009-05-18 Added Alternate Co-Sponsor Rep. Daniel V. Beiser
2009-05-18 Added Alternate Co-Sponsor Rep. Paul D. Froehlich
2009-05-18 Added Alternate Co-Sponsor Rep. Dave Winters
2009-05-18 Added Alternate Co-Sponsor Rep. Al Riley
2009-05-18 Added Alternate Co-Sponsor Rep. Joseph M. Lyons
2009-05-18 Added Alternate Co-Sponsor Rep. David R. Leitch
2009-05-18 Added Alternate Co-Sponsor Rep. Jerry L. Mitchell
2009-05-18 House Floor Amendment No. 1 Referred to Rules Committee
2009-05-18 House Floor Amendment No. 1 Filed with Clerk by Rep. William B. Black
2009-05-14 Added Alternate Chief Co-Sponsor Rep. Jehan A. Gordon
2009-05-12 Placed on Calendar Order of 3rd Reading - Short Debate
2009-05-12 Second Reading - Short Debate
2009-05-07 Added Alternate Co-Sponsor Rep. Jack McGuire
2009-05-06 Placed on Calendar 2nd Reading - Short Debate
2009-05-06 Do Pass / Short Debate State Government Administration Committee; 011-004-000
2009-04-23 Added Alternate Chief Co-Sponsor Rep. Frank J. Mautino
2009-04-20 Assigned to State Government Administration Committee
2009-04-06 Referred to Rules Committee
2009-04-06 First Reading
2009-04-03 Chief House Sponsor Rep. William B. Black
2009-04-03 Placed on Calendar Order of First Reading
2009-04-03 Arrived in House
2009-04-02 Third Reading - Passed; 058-000-001
2009-04-01 Placed on Calendar Order of 3rd Reading ** April 2, 2009
2009-03-31 Placed on Calendar Order of 3rd Reading April 1, 2009
2009-03-31 Senate Floor Amendment No. 1 Adopted; Clayborne
2009-03-31 Second Reading
2009-03-31 Senate Floor Amendment No. 1 Recommend Do Adopt Commerce; 006-000-000
2009-03-26 Added as Co-Sponsor Sen. Kyle McCarter
2009-03-25 Senate Floor Amendment No. 1 Assignments Refers to Commerce
2009-03-24 Senate Floor Amendment No. 1 Referred to Assignments
2009-03-24 Senate Floor Amendment No. 1 Filed with Secretary by Sen. James F. Clayborne, Jr.
2009-03-12 Placed on Calendar Order of 2nd Reading March 17, 2009
2009-03-12 Do Pass Commerce; 009-000-000
2009-03-04 Assigned to Commerce
2009-02-20 Referred to Assignments
2009-02-20 First Reading
2009-02-20 Filed with Secretary by Sen. James F. Clayborne, Jr.

Illinois State Sources


Bill Comments

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