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.

Spectrum: Partisan Bill (Democrat 4-0)

Status: (Enrolled - Dead) 2019-02-07 - Sent to the Governor [SB3127 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Enrolled	2019-01-09	HTML/Text	Link	View
Engrossed	2018-04-18	HTML/Text	Link	View
Introduced	2018-02-15	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
House Amendment 002	2018-11-27	Proposed	HTML/Text	Link	View
House Amendment 001	2018-11-13	Proposed	HTML/Text	Link	View

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois SB3127 currently on file.

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