Comments: IL HB0760 | 2017-2018 | 100th General Assembly

Bill Title: Amends provisions of the School Code concerning debt limitations. Provides that notwithstanding other provisions of law, bonds issued by East Prairie School District 73 with an aggregate principal amount not to exceed $47,353,147 and approved by the voters of the district at the general election held on November 8, 2016, and any bonds issued to refund or continue to refund the bonds, shall not be considered indebtedness for the purposes of any statutory debt limitation and may mature within not to exceed 25 years from their date, notwithstanding any other law to the contrary.

Spectrum: Partisan Bill (Democrat 3-0)

Status: (Passed) 2017-09-15 - Public Act . . . . . . . . . 100-0503 [HB0760 Detail]

Text: Latest bill text (Chaptered) [HTML]

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