Bill Title: Amends the Illinois Finance Authority Act. In Sections concerning the fire truck revolving loan program, the fire station revolving loan program, and the ambulance revolving loan program, provides that repayments of loans made under those programs (and interest on those moneys) may be retained by the Authority and used for the purposes for which they are otherwise authorized to be used (currently, deposited into the Fire Truck Revolving Loan Fund, the Fire Station Revolving Loan Fund, and the Ambulance Revolving Loan Fund, as applicable). Provides that a loan for the purchase of an ambulance may not exceed $200,000 (instead of $100,000).

Spectrum: Slight Partisan Bill (Democrat 5-2)

Status: (Failed) 2019-01-09 - Session Sine Die [SB1778 Detail]

Text: Latest bill text (Introduced) [HTML]

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Sponsors

Name	Type	Sponsorship	District	Financial	Encyclopedia	Biography
Senator Neil Anderson [R]	Primary	Sponsored Bills	SD-047	FollowTheMoney	Ballotpedia	VoteSmart
Senator Martin Sandoval [D]	Cosponsor	Sponsored Bills	SD-011	FollowTheMoney	Ballotpedia	VoteSmart
Senator Thomas Cullerton [D]	Cosponsor	Sponsored Bills	SD-023	FollowTheMoney	Ballotpedia	VoteSmart
Senator Jil Tracy [R]	Cosponsor	Sponsored Bills	SD-050	FollowTheMoney	Ballotpedia	VoteSmart
Senator Napoleon Harris [D]	Cosponsor	Sponsored Bills	SD-015	FollowTheMoney	Ballotpedia	VoteSmart
Senator Donne Trotter [D]	Cosponsor	Sponsored Bills	SD-017	FollowTheMoney	Ballotpedia	VoteSmart
Senator Linda Holmes [D]	Cosponsor	Sponsored Bills	SD-042	FollowTheMoney	Ballotpedia	VoteSmart

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