Bill Title: Amends the School Code. In provisions concerning the debt limitations of school districts, provides that, in addition to all other authority to issue bonds, Mahomet-Seymour Community Unit School District 3 may issue bonds with an aggregate principal amount not to exceed $97,900,000, subject to specified conditions; New Berlin Community Unit School District 16 may issue bonds with an aggregate principal amount not to exceed $23,500,000, subject to specified conditions; Highland Community Unit School District 5 may issue bonds with an aggregate principal amount not to exceed $40,000,000, subject to specified conditions; Sullivan Community Unit School District 300 may issue bonds with an aggregate principal amount not to exceed $25,000,000, subject to specified conditions; Manhattan School District 114 may issue bonds with an aggregate principal amount not to exceed $85,000,000, subject to specified conditions; and Golf Elementary School District 67 may issue bonds with an aggregate principal amount not to exceed $56,000,000, subject to specified conditions. Effective immediately.

Spectrum: Slight Partisan Bill (Republican 2-1)

Status: (Passed) 2022-05-27 - Public Act . . . . . . . . . 102-0949 [HB4688 Detail]

Text: Latest bill text (Chaptered) [HTML]

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