Comments: IL HB4862 | 2021-2022 | 102nd General Assembly
Bill Title: Creates the Better Opportunities for Learning and Development (BOLD) Act. Provides that a governmental unit may establish a property assessed individualized learning opportunity program and create a BOLD area or BOLD areas under the program. Provides that, under the program, the governmental unit may enter into an assessment contract with the record owner of property within a BOLD area to finance or refinance one or more individualized learning opportunities for a resident who owns the property or a child or ward of the resident owner. Sets forth required provisions for the contract with the resident owner. Contains other provisions. Effective immediately.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2022-01-27 - Referred to Rules Committee [HB4862 Detail]
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2022-01-27 - Referred to Rules Committee [HB4862 Detail]
Text: Latest bill text (Introduced) [HTML]
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