Bill Texts: IL HB2505 | 2017-2018 | 100th General Assembly

Bill Title: Amends the School Code. In a Section concerning the debt limitations of school districts, provides that, in addition to all other authority to issue bonds, Brookfield LaGrange Park School District Number 95 may issue bonds with an aggregate principal amount not to exceed $20,000,000 if certain conditions are met, including (1) that the voters of the district approve a proposition for the bond issuance at an election held on or after April 4, 2017 and (2) that, prior to the issuance of the bonds, the school board determines, by resolution, that the additions and renovations to the Brook Park Elementary and S. E. Gross Middle School buildings are required to accommodate enrollment growth, replace outdated facilities, and create spaces consistent with 21st century learning. Provides that the debt incurred on the bonds and on any bonds issued to refund or continue to refund such bonds shall not be considered indebtedness for purposes of any statutory debt limitation. Effective immediately.

Spectrum: Slight Partisan Bill (Democrat 6-2)

Status: (Enrolled - Dead) 2019-01-08 - Added Chief Co-Sponsor Rep. Carol Ammons [HB2505 Detail]

Bill Drafts

RevisionDateFormatSourceView
Enrolled2019-01-08HTML/TextLinkView
Engrossed2017-03-24HTML/TextLinkView
Introduced2017-02-07HTML/TextLinkView

Amendments

AmendmentDateDispositionFormatSourceView
Senate Amendment 0022018-11-28ProposedHTML/TextLinkView
Senate Amendment 0012017-11-07ProposedHTML/TextLinkView

Supplemental Documents

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No supplemental documents for Illinois HB2505 currently on file.

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