Bill Title: Amends the General Obligation Bond Act. Provides that the unused portion of federal funds received for or as reimbursement for a capital facilities project (currently, the unused portion of federal funds received for a capital facilities project) shall remain in the Capital Development Board Contributory Trust Fund. Removes a provision providing that any federal funds received as reimbursement for the completed construction of a capital improvement project shall be deposited in the Capital Development Bond Retirement and Interest Fund. Amends the Capital Development Bond Act of 1972. Makes conforming changes. Effective immediately.

Sponsorship: Bipartisan Bill

Status: (Engrossed - Dead) 2016-05-18 - Added Alternate Co-Sponsor Rep. Anthony DeLuca [SB2467 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Engrossed	2016-04-20	HTML/Text	Link	View
Introduced	2016-02-09	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois SB2467

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois SB2467 currently on file.