IL SB3183 | 2011-2012 | 97th General Assembly
Status
Completed Legislative Action
Sponsorship: Bipartisan Bill
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Amended) [HTML]
Sponsorship: Bipartisan Bill
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Amended) [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
2012-03-28 - Senate - Third Reading in Senate (Y: 52 N: 0 NV: 7 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2013-01-08 | Senate | Session Sine Die |
| 2012-12-21 | House | House Committee Amendment No. 2 Rules Refers to Revenue & Finance Committee |
| 2012-12-03 | House | House Committee Amendment No. 2 Referred to Rules Committee |
| 2012-12-03 | House | House Committee Amendment No. 2 Filed with Clerk by Rep. Michael J. Madigan |
| 2012-11-21 | House | House Committee Amendment No. 1 Referred to Rules Committee |
| 2012-11-21 | House | House Committee Amendment No. 1 Filed with Clerk by Rep. Michael J. Madigan |
| 2012-11-09 | House | Assigned to Revenue & Finance Committee |
| 2012-11-09 | House | Final Action Deadline Extended-9(b) January 8, 2013 |
| 2012-11-08 | House | Added Alternate Chief Co-Sponsor Rep. Charles E. Jefferson |
| 2012-11-08 | House | Alternate Chief Sponsor Changed to Rep. Michael J. Madigan |
| 2012-08-17 | House | Alternate Chief Sponsor Changed to Rep. Charles E. Jefferson |
| 2012-05-01 | Senate | Added as Co-Sponsor Sen. Christine J. Johnson |
| 2012-03-28 | House | Referred to Rules Committee |
| 2012-03-28 | House | First Reading |
| 2012-03-28 | House | Placed on Calendar Order of First Reading |
| 2012-03-28 | House | Chief House Sponsor Rep. Dave Winters |
| 2012-03-28 | House | Arrived in House |
| 2012-03-28 | Senate | Third Reading - Passed; 052-000-000 |
| 2012-03-28 | Senate | Placed on Calendar Order of 3rd Reading |
| 2012-03-28 | Senate | Senate Floor Amendment No. 3 Adopted; Syverson |
| 2012-03-28 | Senate | Recalled to Second Reading |
| 2012-03-28 | Senate | Senate Floor Amendment No. 3 Recommend Do Adopt Local Government; 007-000-000 |
| 2012-03-27 | Senate | Placed on Calendar Order of 3rd Reading March 28, 2012 |
| 2012-03-27 | Senate | Senate Floor Amendment No. 2 Adopted; Syverson |
| 2012-03-27 | Senate | Senate Floor Amendment No. 1 Adopted; Syverson |
| 2012-03-27 | Senate | Second Reading |
| 2012-03-27 | Senate | Senate Floor Amendment No. 3 Assignments Refers to Local Government |
| 2012-03-27 | Senate | Senate Floor Amendment No. 2 Recommend Do Adopt Local Government; 006-000-000 |
| 2012-03-27 | Senate | Senate Floor Amendment No. 1 Recommend Do Adopt Local Government; 006-000-000 |
| 2012-03-26 | Senate | Senate Floor Amendment No. 3 Referred to Assignments |
| 2012-03-26 | Senate | Senate Floor Amendment No. 3 Filed with Secretary by Sen. Dave Syverson |
| 2012-03-06 | Senate | Senate Floor Amendment No. 2 Assignments Refers to Local Government |
| 2012-03-06 | Senate | Senate Floor Amendment No. 1 Assignments Refers to Local Government |
| 2012-03-01 | Senate | Senate Floor Amendment No. 2 Referred to Assignments |
| 2012-03-01 | Senate | Senate Floor Amendment No. 2 Filed with Secretary by Sen. Dave Syverson |
| 2012-03-01 | Senate | Senate Floor Amendment No. 1 Referred to Assignments |
| 2012-03-01 | Senate | Senate Floor Amendment No. 1 Filed with Secretary by Sen. Dave Syverson |
| 2012-02-29 | Senate | Placed on Calendar Order of 2nd Reading March 1, 2012 |
| 2012-02-29 | Senate | Do Pass Local Government; 006-000-000 |
| 2012-02-22 | Senate | Assigned to Local Government |
| 2012-02-01 | Senate | Referred to Assignments |
| 2012-02-01 | Senate | First Reading |
| 2012-02-01 | Senate | Filed with Secretary by Sen. Dave Syverson |
